1,84 % p.a. is the minimal interest rate under the second home loans for 2 years03.05.2021
Bankchart.ca has surveyed the terms of the offered second home loans for 2 years in the national currency. Our website's analysts have studied the loan offers from all Canadian banks, which place rates on their websites. Review date - 03.05.2021
As of 19 April 2021 the loans under review have been offered by 17 banks. The average interest rate under such loans equals 2,86 % p.a. The total number of the loan programs available for the specified loan terms is 18.
The most affordable home loan is offered by Tangerine Bank. The interest rate under "Tangerine Mortgage - Fixed - 2 year" loan program constitutes 1,84 % p.a. The table below shows the best offers by each bank selected by Bankchart.ca (in terms of costs) for the aforementioned terms.
The TOP-17 second home loans loan programs for 2 years, as of 19 April 2021
#
Name
Interest Rate, %
1
1,84
interest rate, %
one-time fees
no
periodic fees
no
advance from
25,00 %
2
1,89
interest rate, %
one-time fees
no
periodic fees
no
advance from
20,00 %
3
2,24
interest rate, %
one-time fees
no
periodic fees
no
advance from
0,00 %
4
2,69
interest rate, %
one-time fees
no
periodic fees
no
advance from
0,00 %
5
2,79
interest rate, %
one-time fees
no
periodic fees
no
advance from
0,00 %
6
2,89
interest rate, %
one-time fees
no
periodic fees
no
advance from
0,00 %
7
2,89
interest rate, %
one-time fees
no
periodic fees
no
advance from
10,00 %
8
2,94
interest rate, %
one-time fees
no
periodic fees
no
advance from
0,00 %
9
2,94
interest rate, %
one-time fees
no
periodic fees
no
advance from
0,00 %
10
2,99
interest rate, %
one-time fees
no
periodic fees
no
advance from
0,00 %
11
3,00
interest rate, %
one-time fees
no
periodic fees
no
advance from
25,00 %
12
3,04
interest rate, %
one-time fees
no
periodic fees
no
advance from
0,00 %
13
3,04
interest rate, %
one-time fees
no
periodic fees
no
advance from
0,00 %
14
3,10
interest rate, %
one-time fees
no
periodic fees
no
advance from
20,00 %
15
3,19
interest rate, %
one-time fees
no
periodic fees
no
advance from
0,00 %
16
3,59
interest rate, %
one-time fees
no
periodic fees
no
advance from
0,00 %
17
3,59
interest rate, %
one-time fees
no
periodic fees
no
advance from
0,00 %
To view the up-to-date rating of the home loans at our website, click here.
Published: 03 May 2021
Author: Prostobank Consulting
Source: https://bankchart.ca