6.04% 4 Year Fixed Closed
Type: Bank
Serviced provinces: All Provinces
At CIBC, we are in business to help our clients, employees, and shareholders achieve what matters to them.
Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.
Mortgage Features
| Minimum mortgage amount: |
$50,000 |
| Rate guarantee period: | 90 days |
| Max Amortization: | 35 years |
| Allowable lump sum repayment: | Up to 10% |
| Maximum payment increase: | Up to 100% |
| Payment Holidays: | - |
| Conventional: |  |
| High Ratio: | |
| Assumable: | |
| Portable: | |
Payment Details
| Monthly payment*: | $642.19 |
| Principal repayment over term*: | $7,842.57 |
| Interest paid over term*: | $22,982.36 |
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* Based on $100,000 mortgage and 25 years amortization.
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