Rent or Buy Calculator
Determine which is more economical, renting or buying, based on your payments and accomodation information.
Information is provided for sample purposes only. Its accuracy is not guaranteed. Information should be verified and should not be relied upon as legal, financial, or other advice.
Current Mortgage Rates
| Term | Rate |
| Prime Rate (P) | 7.20% |
| Closed Variable | P – 0.90% |
| Open Variable | P + 3.2% |
| 6 Month Closed | 7.29% |
| 1 Year Closed | 7.24% |
| 2 Year Closed | 6.84% |
| 3 Year Closed | 6.19% |
| 4 Year Closed | 5.74% |
| 5 Year Closed | 5.59% |
| 7 Year Closed | 5.95% |
| 10 Year Closed | 6.29% |
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As of August 26, 2023. Rates subject to change without notice, OAC, E&OE
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