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Personal Banking
5 Year Closed Term Mortgage
 

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5 Year Closed Term Mortgage

Peace of mind for the long term with a special rate2

By locking into a longer term mortgage, especially while current interest rates are so low, you can have the security of knowing your payment won’t change for the duration of the term even if interest rates rise. Control your cash flow with fixed payments for the next 5 years¹.

Details
Term: 5 Years Closed
Interest Rate:

Fixed for the full term. Today's Rate

Financing Available: Conventional and Insured
Payment Frequencies: Weekly, biweekly, semi-monthly, monthly.
Prepayment Options: - Prepay up to 15% of the original amount of
your mortgage.
- Increase your payments by up to 15% of the
payment set for the current term.


Take the next step...
Apply online or get Pre-Approved Now
Talk to us at 1-800-953-7441
Contact your local Scotiabank Branch
Locate a Mortgage Specialist

¹ Subject to applicable credit approval, Scotiabank residential mortgage standards and maximum permitted loan amounts.
² Some conditions apply. This offer can be changed or withdrawn at anytime without notice and may not be combined with any other discounts, offers or promotions. This offer may not be combined with the Special Online Offer for mortgage renewals performed through Scotia OnLine® Financial Services.


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