Fixed Rate Mortgages

Find a secure Mortgage that suits your needs

Get a competitive rate and payment that work for you. Scotiabank offers a fixed rate mortgage that goes with your financial needs. Choose from open term, closed term and flexible fixed mortgage rates to buy your dream home.

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6 Months & 1 Year Open Term

Mortgage

  • Maximum flexibility
  • Conventional and insured financing available
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6 Months & 1 Year Open Term

Mortgage

  • You can pay off your entire mortgage or early renew to any longer closed fixed rate term without a prepayment charge.
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6 Months Flexible/Closed

Mortgage

  • Flexibility to lock into a closed fixed rate term of one year or longer without a prepayment charge
  • Conventional and insured financing available
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6 Months Flexible/Closed

Mortgage

  • Option to prepay up to 15% of the original principal amount of your mortgage.
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1, 2 Year
Closed Term

Mortgage

  • Protection against rate increases
  • Short time commitment
  • Conventional and insured financing available
More details Additional 1, 2 Year Closed Term Mortgages highlights

1, 2 Year
Closed Term

Mortgage

  • Option to increase your payments by up to 15% of the payment set for the current term each year
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3, 4, 5, 7 & 10 Year Closed Term

Mortgage

  • Fixed Payments for 3, 4, 5, 7 & 10 years
  • Conventional and insured financing available
More details Additional 3, 4, 5, 7 & 10 Year Closed Term Mortgages highlights

3, 4, 5, 7 & 10 Year Closed Term

Mortgage

  • Option to increase your payments by up to 15% of the payment set for the current term each year
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