Marathon Mortgage
Insured
3.50%
5-year term
APR
Call for APR
Marathon advertised starting rate; 5 year adjustable; insured/insurable; Prime minus 0.95%.
Variable mortgage rates
Ask about my rateCompare Canadian variable mortgage rates tied to prime, payment risk, trigger-rate planning, stress-test assumptions, and lender conversion rules.
Live rate snapshot
Top matches for this scenario
Showing the first 8 cards from 11 matching rates for Purchase · 5-year variable · $999,999 · $75,000 down.
Purchase5-year variable$999,999$75,000 down
variable
ATB Financial
Standard
3.60%
5-year term
APR
Call for APR
Client Rates · Our featured offers · 5 Year Variable High Ratio.
Pine Mortgage
Insured – Featured
3.65%
5-year term
APR
Call for APR
Pine featured Variable Mortgage Rate Variable; public insured reference rate, subject to Pine underwriting and change without notice.
Pine Mortgage
Insured – Additional
3.65%
5-year term
APR
Call for APR
Pine additional 5-year Adjustable; public insured reference rate, subject to Pine underwriting and change without notice.
Envision Financial
Insured
3.70%
5-year term
APR
3.72%
Tru Cooperative public 5 year variable rate (closed) - insured; insured mortgage rate.
First National Financial
Insured
3.70%
5-year term
APR
Call for APR
First National posted adjustable mortgage rate; Insured; Prime minus 0.75%.
Need more filters?
Launch the full rate explorer
Load the full comparison workspace when you want to change occupancy, term, amortization, or compare more cards side-by-side.
Compare the same balance, term, amortization and insurance category. Displayed rates depend on eligibility and lender approval.
Sign in to save your comparison →Make a fair comparison
Understand the rate you’re looking at.
A variable mortgage rate moves with the lender's prime rate, usually as prime plus or minus a stated adjustment. It can offer flexibility and a simpler break-cost formula, but the payment or amortization may change. Compare adjustable-payment and fixed-payment variable products separately and stress-test the result if prime rises.
Variable rates move with prime, which changes when the Bank of Canada adjusts policy rates.
Explore variable pricing and review trigger rate scenarios before you choose.
- Best fit
- Borrowers with payment room and rate-change tolerance
- Main risk
- Payment increases or a longer effective amortization
- Confirm
- Payment type, trigger rules, conversion policy, and penalty
Confirm whether the payment moves with prime
An adjustable-payment variable mortgage changes the required payment after prime moves, keeping the amortization closer to schedule. A fixed-payment variable mortgage may leave the payment unchanged while changing how much goes to principal, which can create trigger-rate or trigger-point pressure.
Two offers with the same prime discount can therefore behave very differently. The payment mechanism belongs beside the starting rate in every comparison.
Stress-test the household, not only the approval
Model at least a one- and two-percentage-point increase in prime and decide what action you would take: absorb a higher payment, increase it voluntarily, make a lump sum, or convert to fixed. The plan should work before the first lender notice arrives.
Check the early-break penalty and conversion policy too. Variable mortgages often have simpler break costs, but a lender may offer only its posted fixed rates when you convert mid-term.
Before you accept an offer
- Prime-based pricing with clear discounts and adjustments.
- Trigger rate tools to plan for rate changes.
- Save scenarios and compare against fixed options.
Clear answers
Before you decide
Do variable payments always change?
Some mortgages keep payments fixed while amortization changes. Others adjust payments with prime.
What is a trigger rate?
The rate where your payment only covers interest and principal stops shrinking.
Keep comparing
References
Use the regulator and consumer-agency guidance alongside the written terms of your lender’s offer.
Pragmatic Mortgage Lending · BC & Alberta
Find the rate that fits the whole mortgage.
We’ll review lender eligibility, penalties and flexibility alongside the payment.