Five Year
Variable Mortgage Rate

Key Details

Rate Hold 120 Days (Jan 19)   
Payment $1866 (Customize)   
Prepayments 10% / 10% + Optional Double-Up   

Mortgage Info

Rate Hold 120 Days (Jan 19)
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 Aug 20, 2021
Previous Update May 20, 2021
Prior Rate 1.60%
Latest Rate Change -0.05%
Rate ID # 2620

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 6th-lowest 5-year variable rate as of September 21, 2021
  • Ranked 58 out of 2888 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

This is the bank's official special offer rate. Lower discretionary rates may be available to well-qualified borrowers. The annual percentage rate (APR) is based on a $ 250,000 mortgage for the applicable term assuming a processing fee of $250 (which includes fees associated with determining the value of the property). If there are no cost of borrowing charges, the APR and the interest rate will be the same.

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.