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

Right for you if:

  • You're comfortable with where rates are now
  • You don't want to constantly monitor your rates
  • Fixed interest rate Get the security of knowing what your rate and payments will be over the long term.
  • Cash back You can receive up to 5% of your mortgage principal amount, up front.
  • Prepayment options Prepay up to 15% of your original principal amount or increase your payments by up to 15% of the payment set for the current term each year.
    • Match-a-Payment You can pay an extra regular mortgage payment on any of your regular payment dates during your term.
    • Miss-a-Payment You can miss a mortgage payment as long as you have matched one previously in your term.
  • Conventional and insured financing available.


  • Choose from weekly, biweekly, semi-monthly, and monthly payment options.
  • Scotia Mortgage Protection can help make sure the home you worked so hard for is protected.
Tools It's easy to achieve your goals.

Mortgage-Free Faster Calculator

Discover how small changes can have a big effect. This tool will show you how you can be mortgage-free faster.

Try This Tool

What Can I Afford?

Find out how much, so you can arrange your mortgage and shop for a home with confidence.

Try This Tool

Mortgage Payment Calculator

Determine your payment options, amortization and more, all with one calculator.

Try This Tool

STEP Calculator

Learn how to save by using the equity in your home to borrow at lower interest rates.

Try This Tool

Mortgage Selector

Opening the door to homeownership.

Try This Tool

Mortgage Comparison Calculator

Use this calculator to compare two different mortgages and determine which feature or product is the most suitable to meet your needs.

Try This Tool

Ready to apply

Mortgage Rates Information