Change Language | Region*
American flag

*Products and services featured on our websites are only available to residents of the selected country.

Set your homepage

HomePersonal BankingWealth ManagementSmall BusinessCommercialCorporate & InstitutionalAbout BMO

Homeowner ReadiLine Rates

Posted Rates for Homeowner ReadiLine Installment Arrangements:


Type Term Annual Percentage Rate
Fixed Rate 1 year (closed) %
Fixed Rate 2 year (closed) %
Fixed Rate 3 year (closed) %
Fixed Rate 4 year (closed) %
Fixed Rate 5 year (closed) %
Fixed Rate 6 year (closed) %
Fixed Rate 7 year (closed) %
Fixed Rate 10 year (closed) %
Variable Rate 5 year (closed)* %

*Rates are subject to change without notice. The interest rate for Homeowner ReadiLine is calculated monthly not in advance. The APR for the 5-year variable rate (closed) term is equal to our Prime Rate plus 0.10%. Each Annual Percentage Rate (APR) is for a Homeowner ReadiLine of $100,000 with monthly payments and a 25-year amortization. APR assumes no fee(s) apply. If we require you to obtain an appraisal, the appraisal fee would increase your APR. A representative example of a term of an Homeowner ReadiLine is 5 years. Applications are subject to meeting Bank of Montreal’s usual credit criteria. Some conditions may apply. Funds must be advanced within 90 days from the date of application.

Due to local and proxy caching on the Internet, please ensure that you are viewing rates as at the current day's date.

Rates subject to change without notice.

Contact a mortgage representative at 1 800 665-9665.

I’m interested in learning more, what can I do?

  • Try the calculator at bmo.com/homeownerreadiline to see how Homeowner ReadiLine can work for you
  • Visit your local branch
  • Call 1 877 CALL BMO

Book your own appointment. Get Started.
Mortgage Rates
5 year Low Rate (closed) %
APR**
Prime Rate
Prime Rate %