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ATB Mortgages

Whether you're buying a home for the first time, moving homes, or buying a vacation home, you need a mortgage that fits—and a mortgage you feel confident about.

With ATB's No Bull Mortgages, what you see is what you get. That's because we've stopped the common practice of posting inflated mortgage rates. You can say goodbye to negotiating and guessing-you can find the real, current rates on this page, every day.

Learn why No Bull Mortgages are good for you now—and even better down the line


Closed fixed-rate mortgages

Choose a fixed-rate mortgage when you want the security and stability of knowing exactly what your payments will be, and how much of the mortgage will remain at the end of your term.


Closed Fixed-Rate

Key benefit: Enjoy consistent payments over a term that you select.

Term: 6 months to 7 years

Rates:

Today's best rate1

Prepayment options: Reduce your mortgage principal to save on interest payments without incurring mortgage breakage fees. You can make lump-sum payments during each calendar year up to an annual maximum of 20% of the mortgage principal, and/or choose to increase remaining mortgage payments by up to 20%.


Cash Back

Key benefit: Get 1% or 2% cash back to use for moving costs, closing fees, or to pay off your credit card. Available on insured ATB mortgages only. Max $10,000.

Term: 5 year fixed

Rates:

2% cash back 3.34%

1% cash back (talk to an ATB team member for rate)

7-year rate of 6.09% available with 4% cash back. Available on insured ATB mortgages only. Max $20,000.

Prepayment options: Reduce your mortgage principal to save on interest payments without incurring mortgage breakage fees. You can make lump-sum payments during each calendar year up to an annual maximum of 20% of the mortgage principal, and/or choose to increase remaining mortgage payments by up to 20%.

Extreme Discount

Key benefit: Make the same payments for the entire 5-year term.

Term: 5 years

Rates:

2.84%​1

Prepayment options: Reduce your mortgage principal to save on interest payments without incurring mortgage breakage fees. You can make lump-sum payments during each calendar year up to an annual maximum of 20% of the mortgage principal, and/or choose to increase remaining mortgage payments by up to 20%.


Rate First

Key benefit: Take advantage of a low interest rate while maintaining some flexibility with pre-payment options.

Term: 5 or 7 years

Rates:

5-year rate: 2.84%1

7-year rate: 4.54%1

Prepayment options: Make lump-sum payments up to an annual maximum of 10% of the mortgage principal, and/or increase remaining mortgage payments by up to 10%.

Open fixed-rate mortgages

Choose an open fixed-rate mortgage when you want the security and stability of a fixed-rate mortgage with the flexibility to pay off your mortgage at any time without penalty.


Key benefit: Enjoy fixed-rate stability with the flexibility to pay the mortgage in full or to make additional payments at any time without penalty.

Term: 6 months to 2 years

Today's best rate​1


Variable-rate mortgages

Choose a variable-rate mortgage if you are comfortable trading the peace of mind that comes with a fixed rate for the potential interest savings of a variable rate. With a variable-rate mortgage, interest rates fluctuate with the prime lending rate while your payment amount remains consistent over the term of the mortgage. If rates go down, a larger portion of the payment is applied to your mortgage principal, which means you could pay down your mortgage faster and save on interest payments.


5-Year Closed

Key benefit: Save money by taking advantage of the low prime rate. Have the option to lock in a fixed rate during the term.

Term: 5 years

Rates: 2.35%2

Prepayment options: You can make lump-sum payments during each calendar year up to an annual maximum of 20% of the mortgage principal, and/or choose to increase remaining mortgage payments by up to 20%.

Open Variable-Rate

Key benefit: Enjoy variable-rate advantages with the flexibility to convert to another term at any time.

Term: 6 months to 2 years

Today's best rate3

Prepayment options: You can pay the mortgage in full or make an additional payment at any time without penalty.

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Refinancing your mortgage?

Add a premium of 0.25% to the above interest rates.

 

Mortgage for a vacation home, investment property or other secondary property?

Add a premium of 0.25% to the above interest rates.

Our interest rate differential (IRD) calculation is based on the actual rates posted here.​

Disclaimer

Please note: Rates are provided for information purposes only and are subject to change without notice. Rates are updated as new information becomes available.​​​​​​​​​​

1Interest rates shown are either a fixed rate or variable rate, are special discounted rates and are not ATB’s posted interest rates. ​2 Offers may be changed, withdrawn or extended at any time without notice. Interest rates shown are annual interest rates, compounded semi-annually not in advance. Rate are subject to change at any time without notice.Interest rates are annual rates compounded monthly not in advance. Rates are variable rates based upon ATB’s prime rate and will change at the same time ATB’s prime rate changes. Rates are subject to change at any time without notice.
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2016 ATB Financial. All rights reserved. ®ATB Financial is a trade name/registered trademark of Alberta Treasury Branches.