Canada Life


Five Year
Fixed Mortgage Rate

Key Details

Rate Hold 90 Days (Dec 21)   
Payment $1866 (Customize)   
Prepayments 15% / 15% + Optional Double-Up   

Mortgage Info

Rate Hold 90 Days (Dec 21)
Lump Prepayments 15%
Payment Increase 15%
Double-up Payments Yes
Permitted Loan-to-Value Up to 80%
Pre-approvals Yes
Provider Type Insurance Co.
Provinces Served National

More Details

Minimum Mortgage Inquire
Max Property Value $1,000,000.00
Open No
Max Amortization 25 Years
On Ratespy Since May 29, 2018

Rate History

Last Updated Sep 15, 2020
Previous Update Aug 14, 2020
Prior Rate 2.15%
Latest Rate Change -0.16%
Rate ID # 3897

Payment Information

Mortgage Amount
Amortization (years)
Monthly Payments

All Canada Life mortgage rates

Rate History

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This rate is:

  • The 21st-lowest 5-year fixed rate as of September 22, 2020
  • Ranked 234 out of 2930 rates for popularity.


Provider Notes

Check this provider's website for complete details.

Rate Notes

Limited-time mortgage rate promotions are available for new business only, including purchases, transfers/refinancing of existing mortgages, and blend and extend transactions* (excludes renewals)

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.