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Fixed Rate Mortgages

Budget with certainty by locking in your rate and payments for the term you choose.

When you choose the Dundee Bank of Canada Fixed Rate Mortgage, you can feel secure in knowing that your payment won't change over the term of the mortgage.

Fixed Rate Mortgage - Closed Product Features
Available amounts $50,000 to $1,000,000
Financing available Conventional (minimum 20% downpayment) or high-ratio (minimum 5% downpayment)
Terms 6 months to 5 years
Amortization period Up to 35 years
Payment frequency options Weekly, bi-weekly, semi-monthly, or monthly
Principal prepayment privilege Up to 20% of original principal once annually
Payment increase privilege Up to 20% once annually
Portable Yes, portable to another property subject to Dundee Bank of Canada's approval
Assumable Yes, subject to Dundee Bank of Canada's approval of borrower(s), unless prohibited by law

Please refer to our Mortgage Feature Sheet.