Fixed vs variable
Assess payment shock between a fixed term and variable paths with prime sensitivity bands.
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Fixed vs variable
Model a fixed renewal offer against variable paths with expected prime changes and shocks.
How this calculator works
Compare fixed and variable payment paths using expected rate shifts.
Use sensitivity bands to understand upside and downside scenarios.
Inputs you will need
- Fixed rate and term
- Variable rate and prime shocks
- Payment frequency and amortization
Assumptions and limitations
- Assumes modeled prime changes, not guaranteed outcomes.
- Does not include penalty costs for breaking early.
- Use conservative assumptions for planning.
Example scenarios
Prime increases 1%
Compare variable payments under a rate hike scenario.
Prime decreases 0.5%
See potential savings if prime falls.
Related tools
Use this payment output in the next decision
Payment and amortization scenarios matter most when they connect to a rate, a contract strategy, and a broker-reviewed fallback plan if rates move or priorities change.
Guides
Read the Canada-specific playbook before you commit to the next step.
Execution
Use the broker workflow, rates pages, or secure dashboard to move from estimate to action.
Save and compare scenarios
Create a free account to save scenarios, compare options side by side, and share results with your broker team.
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Frequently asked questions
Is this a rate forecast?
No. It is a scenario tool for planning, not a prediction.
Does it include penalties?
No. Use the penalty estimator separately if you may break early.
Which rate should I pick?
It depends on your risk tolerance and timeline. Use this tool to compare paths.