Renewing Your Mortgage | Simplii Financial

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Renewing comes with its perks

We've made renewing your mortgage a walk in the park

It's easy to renew your mortgage when there are competitive rates, flexible payments and convenient features that you're used to.

Competitive interest rates for both fixed or variable

The help from a dedicated Mortgage Specialist

Prepayment options

You have the chance to become mortgage free sooner. Prepay as much of your mortgage as you’d like without restrictions or prepayment charges. If you have any questions, you can always call us at 1-888-866-0866.

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Early renewal

You may be eligible for our early renewal offer. This offer allows you to renew your mortgage up to 120 days in advance of the end of your term—that means you can take advantage of current posted rates and renew your outstanding balance early without prepayment charges.

If you have any questions, or you’re ready to renew, call us at 1-888-712-7315.
Renewing at maturity

If you’re waiting until the end of your term to renew your mortgage, you’ll be eligible to receive the lower of the posted rate—30 days prior to maturity or the posted rate on your maturity date. Even if rates increase, don’t worry, you’ll be given our lower between the two rates*.

If you have any questions, or you’re ready to renew, call us at 1-888-712-7315.

*Some conditions apply; ask for details.

Today's great rates

Term	Rate
5 year variable	3.45%
2 year fixed	3.24%
3 year fixed	3.59%
4 year fixed	4.19%
Special 4 year fixed**	3.39% (3.41% APR)
5 year fixed	4.64%
7 year fixed	4.99%
10 year fixed	5.90%

Tools and calculators

What can I afford?

Mortgage Comparison Calculator

Mortgage Prepayment Charge Calculator

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Have questions?

Call us at 1-888-712-7315

Email us at talktous@simplii.com

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**Special offers apply only to new mortgages of owner-occupied properties with an amortization of 25 years or less. Annual Percentage Rate (APR) is based on a new $400,000 mortgage for the applicable term and a 25-year amortization assuming a Property Valuation Fee of $250. Rates shown for the applicable term are Simplii Financial’s special discounted rates and are not posted rates of Simplii Financial. Offer may be changed, withdrawn or extended at any time, without notice.

APR means the cost of borrowing for a loan expressed as an interest rate. It includes all interest and non-interest charges associated with the mortgage. If there are no non-interest charges, the annual interest rate and APR will be the same. Offer cannot be combined with other offers and is not available on variable rate, cashback fixed rate mortgages, existing Simplii Financial mortgages or mortgage renewals.

*All credit products are subject to credit approval. Some conditions and restrictions apply; ask for details.