Select Page

RBC – Royal Bank of Canada Mortgage Rates

Filter Mortgage Rates

  • $
  • $
  • $



From the flexibility of a variable rate mortgage to the security that comes with a fixed rate mortgage, the Royal Bank of Canada (RBC) offers several choices and great rates for your peace of mind. 

RBC Mortgage Rates

Royal Bank of Canada (RBC) is a financial institution in Canada, which is also referred to as RBC Financial Group or RBC Royal Bank. Founded in 1864, the bank’s headquarters is at Toronto, Ontario, Canada.

Fixed rate mortgage offers an interest rate that’s locked in for the term of the mortgage which means you won’t have to worry about future rate fluctuations for the period. RBC’s variable rate mortgages provide you with the flexibility to take advantage of falling rates while allowing you to convert to a fixed rate mortgage any time.

Going by market capitalization, RBC Royal Bank is one of the biggest financial services companies in North America. The bank also features on the list of the largest banks in the world based on the same criteria.

Today, RBC Royal Bank has more than 78,000 employees (both part- and full-time) and over 16 million clients. You can get the bank’s public sector, personal, institutional and business services in Canada, America, and 39 more countries across the world.

The French name for RBC Royal Bank in Canada is RBC Banque Royale.

 

Compare Royal Bank of Canada (RBC) Mortgage Rates

It is important when choosing the right mortgage you understand the scope of features and options available, as well as your budget, circumstances and goals and the key is to be able to differentiate between all the options.  Whether you’re buying your first home, another property or purchasing a home for retirement and need guidance, CompareMyRates.ca has a list of mortgage brokers who have solid experience in working with RBC and will assist you in deciding the best option for you.  CompareMyRates.ca has provided you with the tools and ease of use for you to compare mortgage rates with RBC versus other banks. 

 

Provinces It Services

The Royal Bank of Canada (RBC) is available nationwide, although most of the branches and ATMs are concentrated in the more southern provinces that include Alberta, Saskatchewan, Manitoba, Quebec, Ontario, and Nova Scotia.

RBC Royal bank Mortgage Calculator

Use the RBC Mortgage Calculator Below to find the lowest rates and determine your mortgage Payments. Identify your goal or the reason for taking up a mortgage. Determine your purchase price followed by your down payment and how long you like to pay the mortgage. Include your postal code then press Continue. The next page will provide you information like total mortgage, an interest rate of the mortgage, and the amortization period. However, if you wish to know your mortgage under different scenarios, click Compare. In this section, you can vary information like amortization, payment frequency, interest terms, interest rate and rate type. You can create up to three scenarios for comparison.

How much interest can you save on your mortgage? The Mortgage Payment Calculator helps you determine how much interest you save or how much of a mortgage payment you can afford with just a slide or a dropdown. Our side by side comparison scenarios allows you to compare various options without having to write anything down or remember to assist you in making an informed decision. Immediately view your results in Chart or Graph format.

How to Easily Qualify for a HELOC in Canada

How to Easily Qualify for a HELOC in Canada

A home equity line of credit, or a HELOC, is one of the most convenient ways to borrow money and take advantage of the equity you have built over the years. As opposed to a conventional loan, HELOCs offer other advantages such as: Access to large amounts of money...

read more
A Guide to the First-Time Home Buyer Incentive

A Guide to the First-Time Home Buyer Incentive

The federal government launched the First-Time Home Buyer Incentive (FTHBI) on September 2, 2019. With funding of $1.25 billion dollars to be used over the next three years, this program aims to help thousands of Canadians become homeowners. If you qualify, you apply for a 5% or 10% shared equity mortgage with the Government of Canada.
read more
Best Motusbank Mortgage Rates & Reviews

Best Motusbank Mortgage Rates & Reviews

Countless Canadians are dreaming of their first home or their next home, and Motusbank is clearly offering a lot of interesting options, low rates, and fantastic flexibility to give its members the best possible start on the road towards home-ownership.
read more