Connecting you to Canada's best mortgage rates

Français
Show Number 1-866-244-4784

Safebridge
3-Year Variable Mortgage Rate

2.75%
Safebridge Verico
Rates Updated:  
Rate hold:        Rate hold The rate hold is the time period, between 30-120 days, before your mortgage renewal date you are able to lock in the current mortgage rate. If rates go down further within this period, however, many lenders will honour the lower rate. 30 days
Prepayment options:        Prepayment options Prepayment options outline the flexibility you have to increase your monthly mortgage payments or make a lump sum outlay against your mortgage as a whole. According to the Canadian Association of Accredited Mortgage Professionals (CAAMP), 28% of mortgage holders used one or both prepayment privileges in 2010.
Increase Monthly Payment by:        Increase Monthly Payment by The monthly mortgage payment is calculated based on the mortgage amount, amortization period and the associated mortgage rate. A general affordability rule is that your monthly housing costs should not exceed 32% of your gross household monthly income. 15%
Lump Sum:        Lump Sum Lenders allow you to put a lump sum payment against your mortgage each year ranging from 0%-25%. A 25% lump sum prepayment privilege would allow you pay your mortgage off completely in 4 years. 15%

See other great mortgage rates

More 3 years Rates More Variable Rates More From this provider

About Safebridge Verico

501 - 1500 Don Mills Road Toronto, ON M3B 3K4

See more reviewsFeatured Reviews

I want to thank you Drew for helping me with my mortgage on the new house. I get stressed about these things often, but for some reason dealing with you and your team was an incredible relief. The service level and excellent knowledge of the business, was simply amazing. Thanks!

-Katie H.