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Laurentian Bank Variable Rate Mortgage with Variable Payments Info & Reviews

Financial Products > Closed Variable Rate Mortgages > Laurentian Bank Variable Rate Mortgage with Variable Payments
Detailed information, reviews and ratings for the Laurentian Bank Variable Rate Mortgage with Variable Payments.
Useful when comparison shopping for a new canadian closed variable rate mortgage.

Information about the Laurentian Bank Variable Rate Mortgage with Variable Payments

Product NameLaurentian Bank Variable Rate Mortgage with Variable Payments
Available InCanada (All Provinces)
Offered ByLaurentian Bank of Canada
Product PageLaurentian Bank Variable Rate Mortgage with Variable Payments
Rate1.69%  Rate Decreased from 1.79% to 1.69% on March 3, 2021

Chart of historical values for the Laurentian Bank Closed Variable Rate Variable Payments Mortgage Rate
  • 1 Year
  • 3 Years
  • 5 Years
  • 10 Years
  • All Data
Term Length5 years
Fixed PaymentsNo
Max Annual Lump Sum Prepayment15%
Max Annual Increase to Regular Payments15%
Payment SchedulesMonthly, month-end, biweekly or weekly payments.
Additional NotesUnlike most variable rate mortgages, with this mortgage, payment amounts are not fixed. They vary over the term of the mortgage depending on the prevailing interest rates.
Please Note: This database is intended to help you explore your options when looking for a financial product. Product features and information can change faster than we can update our database and we cannot guarantee the accuracy of the information in the above table.
Always visit the financial institutions product page and carefully review the information there before making a final decision.

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