Rates & Calculators
Run the Numbers Before you Commit to Anything
Compare current pricing across the four main paths to financing a home in Canada. Tap a category below to see
Run the numbers before you commit to anything. These calculators are built on actual Canadian mortgage rules — not a generic U.S. template — so what you see here is close to what a lender will really quote you. Pick a calculator above, plug in your numbers, and the results update as you type. Every figure is an estimate; talk to us before you make it official.
Prime rate territory (bank prime currently 4.45%). Best pricing goes to strong, documentable income and credit. Lender fees are typically waived — the lender pays the broker directly.
| Term | Best rate today | Fees | Notes |
|---|---|---|---|
| 5-Yr VariableLOWEST | 3.30% | $0 | Prime − 1.15%. Tracks the bank prime rate for the full term. |
| 2-Yr Fixed | 3.89% | $0 | Shortest fixed term with sub-4% pricing right now. |
| 3-Yr Variable | 3.84% | $0 | Prime − 0.61%. |
| 3-Yr Fixed | 3.94% | $0 | Popular for borrowers expecting rates to ease before their next renewal. |
| 4-Yr Fixed | 4.09% | $0 | Same rate as 5-yr fixed right now — little reason to pick this over 5-yr. |
| 5-Yr Fixed | 4.09% | $0 | Insured (under 20% down). Conventional 20%+ down typically runs 20–40 bps higher. |
| 7-Yr Fixed | 5.00% | $0 | Long-term rate lock; priced well above the 5-yr for the extra security. |
| 10-Yr Fixed | 5.40% | $0 | Rarely the right fit — a decade of certainty at a real premium. |
Source: Ratehub.ca — Best Mortgage Rates in Canada, live market rates as of September 7, 2026.
For bruised credit, self-employment without full documentation, or debt ratios that don't fit A-lender guidelines. Regulated, non-bank institutions.
| Term | Rate range | Fees | Notes |
|---|---|---|---|
| Variable | 4.30% – 6.00% | Lender fee 1% | Priced as a premium over prime; premium reflects file risk. |
| 1 – 3 Yr Fixed | 4.69% – 7.19% | Lender fee 1% | Most files are structured short-term as a bridge back to an A-lender. |
Source: Altrua Financial — B Lender Mortgage Rates in Ontario, updated July 2026 (rate range reflects the published table; lender names withheld by design). Lender fee is charged by the lender, not the brokerage.
Available to homeowners 55+. No monthly payments — interest accrues against home equity. Rate rises with the loan-to-value drawn.
| Term | Rate range | Fees | Notes |
|---|---|---|---|
| 5-Yr Fixed, low-LTV lump sumLOWEST | 3.99% – 4.69% | $995 – $1,795 setup | Capped near 40% loan-to-value; the sharpest reverse pricing available. |
| 5-Yr Fixed, standard | 6.23% – 6.64% | $995 – $2,995 setup | Up to ~55% loan-to-value, with scheduled or lump-sum advances. |
| 1-Yr Fixed | 6.79% – 6.99% | $995 – $2,995 setup | Shorter terms carry the highest reverse mortgage rates. |
| Higher-LTV / income advance products | 7.00% – 7.69% | $995 – $2,995 setup | Larger draws or scheduled monthly income streams price above the flagship product. |
Source: CHIP Reverse Mortgage — HomeEquity Bank official rate page, current published rates.
Equity-based lending funded by individuals or mortgage investment corporations. Fast approvals, minimal documentation, priced for short holding periods.
| Position | Rate range | Fees | Notes |
|---|---|---|---|
| First mortgage | 7.99% – 11.99% | Lender fee 1% – 3% | Strong equity position (50%+ LTV) sits at the low end of this range. |
| Second mortgage | 9.99% – 14.99% | Lender fee 2% – 5% | Second position carries the first mortgage's risk plus its own. |
| Bridge financing | 8.99% – 12.00% | Lender fee 1% – 3% | Short-term, interest-only; sized against a confirmed closing. |
| Broker fee & legal | 1% – 2% + legal | Legal ~$250 – $750/side | Borrower typically covers both their own and the lender's legal fees. |
Sources: Ratehub.ca — Private Mortgage Loans and Pegasus Lending — Private Mortgage Cost Canada 2026. No lender publishes live private rates — these are broker/industry estimates, not a rate feed.
Mortgage Rate Guide
Compare current pricing across the four main paths to financing a home in Canada. Tap a category below to see today's terms, rates, and fees — no lender names, because pricing at any single institution shifts week to week and a category range holds up better than a single quoted number. Rates and fees shown are general market ranges believed accurate as of the date noted in each section and are subject to change without notice. They do not constitute a rate quote, a commitment to lend, or pre-approval. Actual rates and fees depend on your credit profile, income, property, loan-to-value, and the specific lender's current pricing at the time of application.
Why Work With Aarna Wealth?
We don’t believe in putting someone into a private mortgage simply because they qualify.
We’ll help you understand:
✓ Your available options: First mortgage, second mortgage and other financing alternatives.
✓ The true cost: Interest, lender fees, brokerage fees, legal costs and other potential expenses.
✓ The risks: Including what happens if your exit strategy takes longer than expected.
✓ Your next step: If private financing is temporary, we’ll help you understand what needs to happen to eventually return to traditional financing.
Sometimes the best mortgage is the one you don’t take.