Hybrid mortgages
Build the solution that suits you
Customize your mortgage’s repayment terms by dividing the amount in 2 or several loan tranches.
Why a hybrid mortgage?
To customize your loan to fit your needs.
- Share the repayment with your co-borrower.
- Get the benefits of both fixed and variable rates.
- Reduce or benefit from the effects of the market’s possible rate fluctuations.
- Take into account your co-borrower’s financial flexibility.
- Diversify your loan’s conditions: terms, amortization, payment frequency, etc.
- Spread out your payments so they are not all due at the same time.
What is the interest rate on a hybrid mortgage?
Each tranche of your mortgage has its own rate, term and payment frequency—all based on your preferences and needs.
| Type of loan | Non-hybrid loan Fixed rate, 5 years |
Hybrid loan Variable rate, 5 years |
Hybrid loan Fixed rate, 3 years |
|---|---|---|---|
| Rate | 3.69% | 2.80% | 3.40% |
| Amount percentage | 100% | 60% | 40% |
| Loan amount | $200,000 | $120,000 | $80,000 |
Get your customized mortgage
- Customize your mortgage according to your borrowing profile.
- Meet with an advisor at your caisse. They will help you make the right choices based on your borrowing profile.
- Some conditions apply.