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Low introductory rate of Prime rate less 2.25% for the first 3 months.
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Prime rate less 0.1%.
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Prime rate.
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• want one of the best rates available.
• believe rates will decline.

• want the best of both worlds – the flexibility of a variable rate and the peace of mind of knowing there’s a maximum rate.

• want maximum flexibility.
• are thinking of selling your home.
• wish to prepay more than 20% of your mortgage amount.
• believe rates will decline.

• Interest rate is guaranteed to be below prime.
• Special discount for the first three months.
• Payments are generally fixed for the term.
• The amortization period is the number of years required to repay the mortgage (both principal and interest). The amortization period may vary with fluctuations in Bank of Montreal's Prime Rate: it may be longer than you selected if interest rates have risen, since the start of the term or shorter if interest rates have fallen since the start of the term.
• During the first 3 years, lets you convert to a fixed rate closed mortgage anytime without charge*.
• During the last three years offers open mortgage prepayment privileges.
• "20+20" Prepayment Privileges feature for first 3 years.

• You are protected against the rate rising above a predetermined maximum rate – the “protected” rate.
• Payments are based on the “protected” rate and are fixed for the term.
• "20+20" Prepayment Privileges.

• Lets you prepay in full or in part at any time with no prepayment charge.
• Lets you change to another term at any time, without charge.
• Payments are generally fixed for the term.
• The amortization period is the number of years required to repay the mortgage (both principal and interest). The amortization period may vary with fluctuations in Bank of Montreal's Prime Rate: it may be longer than you selected if interest rates have risen since the start of the term, or shorter if interest rates have fallen since the start of the term.