Connecting you to Canada's best mortgage rates


Saskatchewan Mortgages

Saskatchewan Rates

We shop the most competitive brokers, lenders and banks in Canada to bring you today's lowest interest rates, free of charge! Our Canadian comparison charts list current rates, and are updated on a daily basis.

Term Lowest Fixed Rate Lowest Variable Rate
1-Year 1.74%
3-Year 1.59% 2.45%
5-Year 1.39% 0.99%
10-Year 2.14%
Learn more

Mortgage default insurance or CMHC insurance is required in Canada for down payments of less than 20%.

Down payment (% of home)
5%-9.99% 10%-14.99% 15-19.99% 20% or higher
CMHC insurance premium 2.75% 2.00% 1.75% 0.00%

Additional criteria as of July 9th, 2012:

  • The maximum amortization available on an insured mortgage (less than 20% down) is 25 years.
  • Homes sold for more than $1,000,000 do not qualify for CMHC insurance and, therefore, require a down payment of at least 20%.

Learn more

Saskatchewan Mortgage Calculators

Calculate Your
Mortgage Payment

Mortgage payment calculator

Manage your monthly mortgage payments.

Start Now

How Much Can
You Afford?

Mortgage affordability calculator

What is the maximum mortgage you can afford?

Start Now

Saskatchewan First Time Home Buyer Freebies

  • First time home buyer Tax Credit

    Get $750 dollars back on your personal tax return.

    Learn more
  • RRSP Home buyers Plan

    Access up to $25,000 from
    your RRSP tax-free.

    Learn more

Saskatchewan Blog Articles

How tenant insurance helps landlords lower their risk

January 26, 2021

This article is sponsored by Duuo As a property manager, you want to create the best living space possible for your tenants. That includes a clean and well-maintained building, regular fire inspections, and meeting or exceeding safety standards. For tenants, … Continue reading →

Read More

Should you refinance your mortgage in 2021?

January 24, 2021

It’s no secret that many Canadians have been through tremendous financial, emotional, and in some cases, physical stress due to COVID-19. Many have lost their jobs, while for others working from home has become part of their new normal. While … Continue reading →

Read More
See more Saskatchewan articles