Mortgage Prepayment Calculator

Use our mortgage prepayment calculator to help estimate your prepayment charge if you're thinking about refinancing, early renewing or making mortgage prepayments when you have a (fixed or variable) closed mortgage or a Homeowner Readiline® (installment).

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* I want to:

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Pay off my mortgage in fullMake a lump-sum prepayment
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Frequently Asked Questions

This mortgage prepayment calculator will provide you with an estimated prepayment charge if you are thinking about making a prepayment before the end of your term.

 

For the actual prepayment charge, please visit one of our branches or call us at
1-855-284-1766.


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We will need to ask you a few more questions, based on the responses that you've provided


* My mortgage is:

Fixed rate
Variable Rate
Is your mortgage a Homeowner ReadiLine (Installment)?
$ .00
* My remaining term is:
%
Important: You may have received a rate discount on the current term of your mortgage. If you do not enter your rate discount, the estimate produced by this calculator may be incorrect. Please contact us at 1-855-284-1766 or visit your branch to obtain this information.
%
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Please enter a value between $1 and $99,999,999 for "outstanding mortgage balance". Please select “Maturity Date” or “Remaining Term”. Please enter a value between 0.001% and 99.999% for "your current interest rate". "Your discount rate" must not exceed 99.999% Please make a selection on "whether you obtained cashback" Please enter a value between $1 and $99,999,999 on "the amount of cashback you received" Please enter a value between $1 and $99,999,999 for your "original mortgage amount" Please make a selection for your "prepayment options per year". Please enter a value between $1 and $99,999,999 for "how much you want to pre-pay" Please enter a value between $0 and $99,999,999 for "How much you have pre-paid this year". Please select a valid month for the year selected. "How much have you already pre-paid this year?" must not be greater than "original amount" "Want to pre-pay" must not be greater than "original amount" "Remaining Term" cannot be 0 year, 0 months. The form contains incomplete or invalid fields. We cannot process your request at this time.