Scotia Flex Value Mortgage - 5 Year Open Term

Right for you if:

  • You want the maximum amount of flexibility

  • You're taking this open term as part of the Scotia Total Equity® Plan

  • Overview

  • Low rates and payments
    Low rate with associated payment amounts calculated each time the Scotiabank Prime Rate changes.

  • Prepay with no prepayment charges
    Increase your payments by any amount, at any time, with no prepayment charges.

  • Convert anytime
    Get any fixed term product with no prepayment charges.

  • Conventional and insured financing available.

  • PLUS:

  • 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.

  • Mortgage Rates

    We understand that everyone's mortgage needs are different. Let us help you find a mortgage that's just right for you4.

    Variable Rate Mortgages

    Mortgage 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, Mortgage-Free Faster Calculator
    What Can I Afford?

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

    Try this tool, What Can I Afford?
    Mortgage Payment Calculator

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

    Try this tool, Mortgage Payment Calculator
    STEP Calculator

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

    Try this tool, STEP Calculator
    Mortgage Selector

    Opening the door to homeownership.

    Try this tool, Mortgage Selector
    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, Mortgage Comparison Calculator

    Ready to apply


    Get Pre-Approved

    Apply Today
    In Person

    See a Home Financing Advisor

    Find a Home Financing Advisor
    In Branch

    Make an appointment at your local branch

    Find a Local Branch

    Mon-Fri (9am-8pm)

    1(877) 303-8879