ONCompare today's lowest mortgage rates from top Ontario lenders. Select a term below for full rate tables, calculators & expert analysis.
Select a term to see full rate tables, calculators & expert analysis
From 2.99%
8 lenders compared
From 4.69%
19 lenders compared
From 3.99%
22 lenders compared
From 4.04%
29 lenders compared
From 3.99%
23 lenders compared
From 3.89%
29 lenders compared
From 4.54%
3 lenders compared
From 4.54%
14 lenders compared
From 7.14%
1 lender compared
From 7.14%
1 lender compared
From 4.99%
11 lenders compared
From 3.55%
9 lenders compared
From 3.3%
24 lenders compared
Best 5-Year Fixed Rate in Ontario
4.04%
From
Butler Mortgage
Rate Term
5-Year Fixed rates from top Ontario lenders, by mortgage type.
| Lender | InsuredDown payment < 20% | InsurableHome < $1M & amort ≤ 25-yr | UninsurableRefinance or DP ≥ 20% | Action |
|---|---|---|---|---|
Butler Mortgage 5-Year Fixed | 4.04%$3,169/mo | 4.19%$3,218/mo | 4.19%$3,218/mo | Switch & Save |
Frank Mortgage 5-Year Fixed | 4.04%$3,169/mo | 4.19%$3,218/mo | 4.19%$3,218/mo | Switch & Save |
Joe Purewal 5-Year Fixed | 4.09%$3,185/mo | 4.19%$3,218/mo | 4.19%$3,218/mo | Switch & Save |
nesto 5-Year Fixed | 4.59%$3,351/mo | 4.19%$3,218/mo | 4.19%$3,218/mo | Switch & Save |
Laurentian 5-Year Fixed | 4.19%$3,218/mo | 4.69%$3,385/mo | — | Switch & Save |
Alterna Savings 5-Year Fixed | 4.24%$3,235/mo | 4.64%$3,368/mo | 4.64%$3,368/mo | Switch & Save |
Kawartha Credit Union 5-Year Fixed | 4.24%$3,235/mo | 4.69%$3,385/mo | — | Switch & Save |
Pathwise Credit Union 5-Year Fixed | 4.29%$3,251/mo | 4.39%$3,284/mo | 4.39%$3,284/mo | Switch & Save |
CMLS 5-Year Fixed | 4.34%$3,268/mo | 4.99%$3,486/mo | — | Switch & Save |
National Bank 5-Year Fixed | 4.39%$3,284/mo | 4.64%$3,368/mo | 4.64%$3,368/mo | Switch & Save |
Manulife 5-Year Fixed | 4.39%$3,284/mo | 4.69%$3,385/mo | 4.69%$3,385/mo | Switch & Save |
DUCA 5-Year Fixed | 4.39%$3,284/mo | — | — | Switch & Save |
Caisse Alliance 5-Year Fixed | 4.49%$3,318/mo | 4.59%$3,351/mo | 4.59%$3,351/mo | Switch & Save |
CIBC 5-Year Fixed | 4.49%$3,318/mo | 4.84%$3,435/mo | 4.84%$3,435/mo | Switch & Save |
Desjardins 5-Year Fixed | 4.49%$3,318/mo | 4.49%$3,318/mo | — | Switch & Save |
Tangerine 5-Year Fixed | 4.49%$3,318/mo | 4.49%$3,318/mo | — | Switch & Save |
WFCU 5-Year Fixed | 4.49%$3,318/mo | 4.79%$3,418/mo | — | Switch & Save |
Investors Group 5-Year Fixed | 4.49%$3,318/mo | 4.79%$3,418/mo | — | Switch & Save |
Meridian 5-Year Fixed | 4.49%$3,318/mo | 4.79%$3,418/mo | — | Switch & Save |
Equitable 5-Year Fixed | 4.49%$3,318/mo | — | — | Switch & Save |
Shinhan Bank 5-Year Fixed | 4.49%$3,318/mo | 4.49%$3,318/mo | 4.49%$3,318/mo | Switch & Save |
First National 5-Year Fixed | 4.59%$3,351/mo | 4.64%$3,368/mo | 4.64%$3,368/mo | Switch & Save |
RBC 5-Year Fixed | 4.69%$3,385/mo | 4.69%$3,385/mo | 4.69%$3,385/mo | Switch & Save |
BMO 5-Year Fixed | 4.74%$3,401/mo | 4.84%$3,435/mo | 4.84%$3,435/mo | Switch & Save |
First Ontario 5-Year Fixed | 4.79%$3,418/mo | 4.79%$3,418/mo | 4.79%$3,418/mo | Switch & Save |
TD 5-Year Fixed | 4.84%$3,435/mo | 4.84%$3,435/mo | 4.84%$3,435/mo | Switch & Save |
Simplii Financial 5-Year Fixed | 4.84%$3,435/mo | 4.84%$3,435/mo | — | Switch & Save |
Community Trust 5-Year Fixed | 5.59%$3,694/mo | 5.59%$3,694/mo | 5.59%$3,694/mo | Switch & Save |
Mortgage rates in Ontario are influenced by the Bank of Canada's overnight rate, provincial lending regulations, and lender competition. Insured rates require CMHC insurance (under 20% down), insurable rates apply to properties under $1M with 20%+ down, and uninsurable rates cover refinances and higher-value properties. All rates shown are sourced from verified broker data and updated daily. Use our Payoff Lab to see how your rate choice affects your total cost of credit.
