Mortgage renewal check

What will your payment be at renewal?

Enter your mortgage and the rates you are looking at. See your new payment and how much it changes each month and each year.

New rates to compare

Enter up to 3 rates you have been offered or are looking at.

What to check at renewal

  • Read the renewal statement from your lender closely.
  • You do not have to stay with the same lender. Compare offers.
  • Think about the term length and fixed vs variable.
  • Update your budget if your payment changes.
  • Check that your family could keep the home if something happened to you.

Payments are estimates for fixed-rate mortgages with monthly payments, using semi-annual compounding as is common in Canada. Your lender's numbers may differ slightly. Your "current payment" is estimated from your balance, years left and current rate. Learn more: Renewing your mortgage (Financial Consumer Agency of Canada).

See your family's number

Find out in 2 minutes how much money your family would need if something happened to you, and how much of that is missing today. No-cost, no obligation.

Try the family calculator