CIBC Fixed-Rate Closed Mortgage

CIBC Fixed-Rate Closed Mortgage

Get the security of a fixed interest rate, so you always know exactly what your payments will be.1

Terms: 1, 2, 3, 4, 5, 7 or 10 year closed

View all Mortgage rates

%*
Get your mortgage down to size.

Enjoy a rate of %*
on a 4-year fixed rate mortgage.

Hurry and take advantage of this great rate!

This mortgage is for you if you want:

  • To make additional payments, as you can prepay up to 10% of your original mortgage amount annually
  • An increase in your payment amount (principal and interest) of up to 100% of your original regular payment amount at anytime during the term, with the extra payment amount being applied directly to the principal, reducing overall costs
  • The security of knowing exactly what your mortgage payments will be, and that they will be unaffected by changing interest rates

Other Mortgage Details:

  • Payment frequency options of weekly, bi-weekly, semi-monthly or monthly
  • Minimum mortgage amount is $10,000

Mortgage Disability Insurance

In the event that you are completely unable to work due to an unexpected disability, help protect your family's home with CIBC Mortgage Disability Insurance+ provided by The Canada Life Assurance Company (Canada Life).

Learn more

Mortgage Disability Insurance Plus (includes job loss coverage)

In the event that you are completely unable to work due to an unexpected disability or you involuntarily lose your job through no fault of your own, help protect your family's home with CIBC Mortgage Disability Insurance Plus+ provided by The Canada Life Assurance Company (Canada Life).

Learn more

Mortgage Life Insurance

In the event of death, help protect your family's home with Creditor Life Insurance for CIBC Mortgages+ provided by The Canada Life Assurance Company (Canada Life).

Learn more

Trademarks and Disclaimers

Mortgages are offered by CIBC Mortgages Inc. on residential properties only. Mortgage applicants must meet CIBC lending criteria. Some conditions and restrictions apply.

Rates may change without notice.

*Rate as of March 22, 2014. . Annual Percentage Rate (APR) is based on a new $275,000 mortgage for the applicable term and a 25-year amortization assuming a Property Valuation Fee of $250. Available for a limited time only on the 4-year CIBC Fixed Rate Closed Mortgage for mortgages of $10,000 or more. Subject to credit approval. Mortgage must fund within 90 days of the application date. Other conditions apply; ask for details. CIBC may change or cancel this offer at any time without notice.

1 Products and their features may change at any time. This is a general description only. For more information call 1-866-525-8622.

+ Creditor Life Insurance for CIBC Mortgages, CIBC Mortgage Disability Insurance, and CIBC Mortgage Disability Insurance Plus are creditor's group insurance and are underwritten by The Canada Life Assurance Company, and are administered by Canada Life and CMI and CIBC. Some limitations and exclusions apply. A detailed summary of the terms, conditions, benefits, limitations, exclusions and other provisions are contained in your Certificate of Insurance, which you receive upon enrolment.