Fixed vs Variable: Which Is Right for You?


A fixed rate mortgage offers a specific interest rate that is fixed or “locked-in” for the term of the mortgage. That means you’ll know exactly what to expect, including:

  • The interest rate of your mortgage
  • The amount of your regular mortgage payments
  • The portion of your payment that goes toward principal and interest
  • The amortization of your mortgage (how long it will take to pay it off)


The variable interest rate will fluctuate with any changes in our prime interest rate. This feature provides you with,

  • The interest rate flexibility
  • Typically lower interest rates
  • Option to be converted at any time
  • Option to convert to a longer closed term

Connect With Us To Learn More

Choose date, time and location.

Fill out our short online form.

Your qualifying price range.