Rate
Four Year1.94%
Fixed Mortgage Rate
Key Details
Rate Hold | 130 Days (Aug 26) | |
Payment | $1866 (Customize) | |
Prepayments | 10% / 10% |
Mortgage Info
Rate Hold | 130 Days (Aug 26) |
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
How It Compares
- The lowest 4-year fixed rate as of April 18, 2024
Provider Notes
Check this provider's website for complete details.
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 This offer may be changed, withdrawn or extended at any time without notice.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.
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