Mortgage rates
Info center
Handy tools
Mortgage rates
Insurance
Money
Info center
Guides
Top tips

Royal Bank of Canada (RBC) details

Company Type : Bank

Location : National

RBC is the largest bank in Canada as measured by assets and market capitalization. Mortgage information is applicable to residential mortgages only and subject to Royal Bank of Canada lending criteria for residential properties. Some conditions apply. Rates shown for the applicable term are Royal Bank of Canada's posted rates . Rates may be changed at any time without notice.

Your mortgage rate summary

Mortgage rate 6.45%
Rate Type

Open - Fixed
1 year

Mortgage payments $2000.39

Your total mortgage repayments based on a monthly repayment and constant rate over the life of the mortgage would be:

Total mortgage repayment

$600,116.18
Total interest paid $300,116.18

Mortgage rate details

Conventional mortgage


Yes

High-ratio mortgage

Rate guarantee


Yes - new mortgages 90 days - renewals 30 days (Excludes Builder Mortgages and Variable Rate Mortgages)

Lump sum overpayment


Yes - up to 10%

Installment overpayment


Yes - $100 to equal of your principal + interest payment

Assumable


Yes

Portable


Yes

Payment Holidays


Yes - conditions apply

Amortization period options


Up to 25 years

Minimum mortgage amount

Visit lender's website

Go to website

Company Royal Bank of Canada (RBC) Logo

*Please note some conditions may apply.

Please contact the lender or broker for further details.

RateSupermarket.ca disclaimer

About us Contact us original feed RSS