Which Canadian bank offers the lowest interest rates under the business mortgage for 5 years in January 202114.01.2021

Bankchart.ca has surveyed the terms of the offered business mortgage for 5 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 - 14.01.2021

As of 11 January 2021 the loans under review have been offered by 2 banks.   The average interest rate under such loans equals 4,79 % p.a. The total number of the loan programs available for the specified loan terms is 3.

The most affordable business loan is offered by Shinhan Bank Canada. The comparison rate under "Residential Mortgage Closed (5 Years Variable)" loan program constitutes 4,49 % 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-2 business mortgage loan programs for 5 years, as of 11 January 2021

#

Bank

Interest Rate, %

2

4,79

interest rate, %

rate type

fixed

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