CIBC Fixed-Rate Closed Mortgage

How low can your mortgage rate go?

Get a rate of %1 for 3 years

Plus a chance to WIN* $25,000 towards your mortgage2.

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:
One-Time Prepayment:

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APR %, based on a 3-year fixed-rate term.

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. Rates shown for the applicable term are CIBC’s special discounted rates and are not posted rates of CIBC. Offer may be changed, withdrawn or extended at any time, without notice. Other conditions apply; ask for details.

1 APR of is calculated on a $275,000 mortgage, 25-year amortization and assuming a property valuation fee of $250. Mortgage must fund within 120 days of application date. All applicants must meet the CIBC lending criteria. Rate is subject to change or be withdrawn without notice at any time. Other conditions and restrictions apply.

2 Contest available only on mortgages of $75,000 or more, subject to credit approval. Mortgage must fund by April 30, 2016.

* NO PURCHASE NECESSARY. Contest open November 1, 2015 – February 29, 2016 to legal residents of Canada who have reached the age of majority in their jurisdiction of residence. Three (3) prizes available: one (1) voucher for a $25,000 CAD payment towards one (1) qualifying CIBC mortgage account each. Odds of winning depend on number of eligible entries received. Math skill test required. Rules: