Skip to main content


Five Year
Variable Mortgage Rate

Key Details

Rate Hold 120 Days (Sep 15)   
Payment $1866 (Customize)   
Prepayments 10% / 100% + Optional Double-Up   

Mortgage Info

Rate Hold 120 Days (Sep 15)
Lump Prepayments 10%
Payment Increase 100%
Double-up Payments Yes
Permitted Loan-to-Value Up to 95%
Pre-approvals Yes
Provider Type Bank
Provinces Served National

More Details

Minimum Mortgage Inquire
Max Property Value Inquire
Open No
Max Amortization 30 Years
On Ratespy Since May 29, 2018

Rate History

Last Updated Jul 13, 2023
Previous Update --
Prior Rate 7.00%
Latest Rate Change -0.05%
Rate ID # 2192

Payment Information

Mortgage Amount
Amortization (years)
Monthly Payments

All National Bank of Canada mortgage rates

Rate History

How It Compares

Great RateGood RateOkay RateBad Rate
This rate is:

Provider Notes

Please note, this is not the bank's official rate. This rate reflects RateSpy's estimate of the "discretionary rate" made available to certain well-qualified borrowers who are NOT already customers of the bank. It reflects our estimate of the bank's rate for new business, based on typical industry discounts from posted rates and intelligence we gather from mortgage advisors in the field. Such estimates are subject to error and in many cases the actual rate may be higher or lower. You must confirm the actual rate directly with the bank. The update date reflects the date that this lender's posted rate last changed. The discretionary rate you see on RateSpy may have changed after this date.

Rate Notes

Promotion offered for a limited time. The loan must be disbursed within 120 days of receiving the client's application for a mortgage loan from National Bank. The mortgage loan must have a variable rate with a closed term of 5 years. The loan must be for an owner-occupied residential dwelling with 1 to 4 units. This offer may be modified, extended or withdrawn at any time without notice. The offer may not be combined or used with any other National Bank offer, promotion or benefit. Mortgage loans are subject to credit approval by National Bank. Employees of National Bank and its entities are not eligible.

By clicking "Ask Question”, I give permission to RateSpy to transfer my information and contact details to third party brokers in order to complete the purchase of mortgage rates. RateSpy values your privacy. For details, see our privacy policy. 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.