Rate

Four Year
1.94%
Fixed Mortgage Rate

Key Details

Rate Hold 130 Days (Apr 03)   
Payment $1866 (Customize)   
Prepayments 10% / 10%   

Mortgage Info

Rate Hold 130 Days (Apr 03)
Lump Prepayments 10%
Payment Increase 10%
Double-up Payments No
Permitted Loan-to-Value 80.01% to 95%
Pre-approvals No
Provider Type Bank
Provinces Served National

More Details

Minimum Mortgage Inquire
Max Property Value $1,000,000.00
Open No
Max Amortization 25 Years
On Ratespy Since November 18, 2020

Rate History

Last Updated Nov 18, 2020
Previous Update --
Prior Rate --
Latest Rate Change --
Rate ID # 6694

Payment Information

Mortgage Amount
Amortization (years)
Monthly Payments

All BMO Bank of Montreal mortgage rates

Rate History

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Provider Notes

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Rate Notes

Restrictions Apply.

Available on the 4-year Fixed default insured Mortgage (closed) for customers with a down payment of less than 20% who purchase and qualify for mortgage default insurance. The Annual Percentage Rate (APR) is based on a $350,000 mortgage, 25-year amortization and an appraisal fee of $300, which may be required to complete your lending application. Mortgage funds must be advanced within 130 days from the date of application. Appraisal fees are subject to change. An increase in the appraisal fee may result in an increase to the APR. This offer may be changed, withdrawn or extended at any time without notice. Applications are subject to meeting eligibility conditions for mortgage default insurance and BMO's usual credit criteria. Some conditions may apply. This offer is not available for the regular 5-year fixed rate mortgage (closed) or the Homeowner ReadiLine®. This offer is not available for renewals or refinances of existing BMO mortgages. Rental properties are not eligible.

RateSpy does not see or store your contact information or personal information when you inquire about a rate. The information you enter goes directly to the lender. Mortgage rates listed are subject to change at any time and apply to those with approved credit. Please contact the mortgage provider directly for more information.