Five Year
1.35% *
Variable Mortgage Rate

Key Details

Rate Hold 120 Days (Jan 22)   
Payment $1866 (Customize)   
Prepayments 10% / 10% + Optional Double-Up   

Mortgage Info

Rate Hold 120 Days (Jan 22)
Lump Prepayments 10%
Payment Increase 10%
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 Apr 24, 2020
Previous Update --
Prior Rate 1.39%
Latest Rate Change -0.04%
Rate ID # 2609

Payment Information

Mortgage Amount
Amortization (years)
Monthly Payments

All RBC Royal Bank mortgage rates

Rate History

How It Compares

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This rate is:

  • The 3rd-lowest 5-year variable rate as of September 24, 2021
  • Ranked 10 out of 2892 rates for popularity.


Provider Notes

With most RBC® traditional residential mortgages, if you have repaid part of the amount you borrowed, you can, subject to RBC approval, re-borrow amounts previously repaid, up to the original amount of the registered mortgage. With this option you will not have to pay any legal and registration fees to register a new mortgage and discharge your existing one. Need an RBC mortgage contact? Email us at info@ratespy.com.

Rate 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 is 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, which is different than the *discretionary rate* shown here. The discretionary rate you see on RateSpy may have changed after this date.

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.