The Long and Short® Mortgage

Right for you if:

  • You want low interest short-term rates
  • You want the security of a longer fixed rate mortgage and can't decide.
  • Two interest rates Get any fixed rate, closed term mortgage for one portion, and a Scotia Flex Value© Mortgage for the other.
    • Added Benefits With this program being under The Scotia Total Equity Plan you may be able to also reduce the cost of your borrowing and potentially save hundreds of dollars every 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.

Rates, Terms & Options


part of the mortgage amount reset every month as Scotiabank Prime Rate changes


part of the mortgage amount at a fixed rate for the full term chosen

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.

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What Can I Afford?

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

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Mortgage Payment Calculator

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

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STEP Calculator

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

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Mortgage Selector

Opening the door to homeownership.

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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.

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