Compare our mortgages

Compare our Mortgages

Find the mortgage that's right for your borrower profile and the advantages of each option.

Find out what type of mortgage is right for you

What is your borrowing profile?

For cautious borrowers

Mortgages with fixed rates and payments

Type of mortgage Closed Fixed-Rate Open Fixed-Rate
Interest rate

Stable until the end of the term.
Terms
  • 6 months
  • 1 to 5 years
  • 7 years
  • 10 years
  • 6 months
  • 1 year
Rate guaranteed at time of mortgage1? Yes, for about 3 months
Prepayment possible without indemnity?
  • Yes, up to 15% of original mortgage amount annually
  • Double your mortgage payments without indemnity
 Yes, at any time, in whole or in part
Distinctive features
  • Interest rate lower than that of an open, fixed-rate mortgage
  • Most popular loan

Useful if:

  • your property is for sale
  • you're expecting a major inflow of funds in the short term to pay off your mortgage

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For moderate borrowers

Mortgages with variable rates and fixed payments

Type of mortgage Closed "5-in-1" Yearly Rate Resetter Closed Protected Variable-Rate
Interest rate
  • Revised annually
  • Discount guaranteed for the entire term

Fluctuates when the Desjardins prime rate changes but does not exceed the maximum rate established at start of the agreement
Terms 5 years
Rate guaranteed at time of mortgage1? Yes, for about 3 months No. However, the maximum rate is guaranteed
Prepayment possible without indemnity?
  • Yes, up to 15% of original mortgage amount annually
  • Double your mortgage payments without indemnity
  • Yes, up to 15% of original mortgage amount annually
  • Double your mortgage payments without indemnity
Conversion to a fixed rate without indemnity? Yes
Distinctive features One of the best fixed rates on the market
  • Benefit from rate decreases, while being protected from major rate increases.
  • Take advantage of an opportunity to pay down your principal even faster because the difference paid between your regular rate and your maximum rate goes toward repaying your principal

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For bold borrowers

Mortgages with variable rates

Type of mortgage Closed Reduced Variable-Rate Open Regular Variable-Rate
Interest rate

Follows the upward and downward fluctuations of the prime rate
Terms 5 years
  • 1 year
  • 2 years
Rate guaranteed at time of mortgage2? No
Prepayment possible without indemnity?
  • Yes, up to 15% of original mortgage amount annually
  • Double your mortgage payments without indemnity
 Yes, at any time, in whole or in part
Conversion to a fixed rate without indemnity? Yes, at any time
Distinctive features Take advantage of interest rates that are usually lower than fixed rates Useful if you plan on moving or selling in the short term

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Combined mortgages tailored to your needs

Combine mortgages with different benefits to create a customized, hybrid mortgage that's perfect for you.

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Montreal area:
514-745-9499

Elsewhere in Canada and the U.S.:
1-844-626-2476

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  1. Percentage of the smaller of the amounts of market value or property purchase. This percentage varies for second homes that are not accessible year-round.
  2. Rate in effect on application date or upon signing mortgage with notary.