* The Annual Percentage Rate (APR) for the 5-year variable rate (closed) term mortgage is equal to our Prime Rate minus 0.10%. Bank of Montreal’s Prime Rate is 2.25% as of February 12, 2010. APR is for a mortgage of $100,000 with monthly payments and a 25-year amortization. APR assumes no fee(s) apply. If we require you to obtain an appraisal, the appraisal fee would increase your APR. The interest rate for a variable rate mortgage is calculated monthly, not in advance. Rates are subject to change without notice. Offer may be withdrawn or changed or extended without notice. Mortgage funds must be advanced within 90 days of the application. Applications are subject to meeting Bank of Montreal’s usual credit criteria.