CIBC Fixed-Rate Closed Mortgage


Lower your mortgage rate for the first 9 months

CIBC 4-Year Fixed-Rate Closed Mortgage

Special intro rate (first 9 months): %

Also available on other terms

How does it work? Here’s an example.

Enjoy a low rate of % for the first 9 months of a 4-year fixed-rate mortgage.
Then, get a great ongoing rate of % for the rest of your term.*

Mortgage amount:
Monthly payments – first 9 months:
Monthly payments – remainder:

Your payment is reduced by: $115 per month for 9 months

These lower payments will give your cash flow a boost – apply the money to your principal and pay down your mortgage faster!

A fixed-rate closed mortgage allows you to:

  • Always know exactly what your mortgage payment will be, no matter how interest rates change
  • Prepay up to 10% of your original mortgage amount annually
  • Increase your payment at any time, up to 100% of your regular amount

Looking for insurance coverage for your mortgage? CIBC’s got the right option for you.

Learn more: About CIBC Mortgage Insurance

Did you know you can get a low interest line of credit with your mortgage? Check out the CIBC Home Power Plan®.

Learn more: About the CIBC Home Power Plan

View all fixed-rates and terms

Payment frequency options:

weekly, bi-weekly, semi-monthly or monthly

Minimum mortgage amount:


Calculate your monthly mortgage payment

Mortgage Amount:
Term and Type:
Interest Rate:

APR %, based on a 4-year fixed-rate term.

* Ongoing rate is current as of .

APR of % is calculated based on an introductory rate of % for 9 months on a $275,000 mortgage, an ongoing rate of % and a 25 year amortization, assuming a property valuation fee of $250. Mortgage application must be made by June 30, 2015; mortgage must fund within 90 days of application date. Only available on mortgages of $10,000 or more; subject to credit approval. Other conditions apply; ask for details. CIBC may change or cancel this offer at any time without notice.