Home > My home > Must-haves > Prepayment
Print Font + Font -
Prepayment

If you wish to repay your mortgage in full or in part before its maturity date, you might be required to pay a penalty as indicated in the “Cost of Borrowing Disclosure Statement”, which you received when your mortgage was issued, modified, renewed or refinanced, whichever is latest.

This calculator allows you to determine whether a penalty applies to your situation and to estimate the amount.

Find out more about penalties

You can also find information about mortgages on the site of the FCAC (Financial Consumer Agency of Canada).