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Compare and Consider

The menu on the left displays the mortgage rate you have chosen as well as a full list of BMO Bank of Montreal mortgage rates. Use the menu on the right to compare your choice with all the mortgage options the BMO Bank of Montreal offers. Ready to move on? Calculate now will use the rate you have chosen to determine how much you can afford.

The mortgage you selected:
Change selected mortgage type to:
Mortgage Type
Fixed Rate - 6 month (convertible)
Annual Rate
null% Calculate my payments
How often can I make my payments?
Weekly, every two weeks, twice a month, or monthly.
What are my prepayment options?
"20 + 20" Prepayment Privileges
Can I renew early?
  • Yes, anytime to a closed or another convertible term.
  • Automatic no-fee renewal option on maturity of a 6 month term.
How could I benefit?
Take advantage of a lower rate than an open mortgage, with an option to renew for a longer term at any time for only an $85 fee.

Compare it to:
Change selected mortgage type to:
Mortgage Type
Fixed Rate - 6 month (convertible)
Annual Rate
null% Calculate my payments
How often can I make my payments?
Weekly, every two weeks, twice a month, or monthly.
What are my prepayment options?
"20 + 20" Prepayment Privileges
Can I renew early?
  • Yes, anytime to a closed or another convertible term.
  • Automatic no-fee renewal option on maturity of a 6 month term.
How could I benefit?
Take advantage of a lower rate than an open mortgage, with an option to renew for a longer term at any time for only an $85 fee.