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7.00% 7 Year Fixed Closed

Type: Bank
Serviced provinces: All Provinces
At CIBC, we are in business to help our clients, employees, and shareholders achieve what matters to them.
Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
Mortgage Features
Minimum mortgage amount: $50,000
Rate guarantee period: 90 days
Max Amortization: 35 years
Allowable lump sum repayment: Up to 10%
Maximum payment increase: Up to 100%
Payment Holidays: -
High Ratio:
Payment Details
Monthly payment*: $631.86
Principal repayment over term*: $6,117.92
Interest paid over term*: $46,958.56
* Based on $100,000 mortgage and 35 years amortization.
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