Skip to content

Tools

Compare the mortgage offers you've received

A lower rate isn't always the cheaper mortgage. Enter the offers you have for your Ontario home — rate, term, amortization and fees — and see the total cost over each term.

Offer A
Offer B

Enter the offers you received — rates from your quotes. Also compare what the numbers don't show: prepayment privileges, the penalty formula and portability.

Enter the rate from each offer to compare them.

How this tool works

  • All offers are compared on the same mortgage amount; variable rates are held constant.
  • Cost over the term = interest paid during the term + fees. Balance at the end shows what you'll refinance or renew.
  • Posted vs discounted rates: banks publish a posted rate, and most borrowers are offered less. The posted rate still matters, because many lenders use it to calculate fixed-rate penalties.
  • Things the numbers don't show: prepayment privileges, the penalty formula, portability, and whether the mortgage is registered as a standard or collateral charge.

Rules checked 2026-10-23. Estimates only, not an offer or advice; a licensed broker confirms the numbers and every mortgage is subject to lender approval. Everything is calculated in your browser. The amounts you type are never sent to us.

Read next: How to negotiate your renewal · Understand your refinance terms

Questions about the compare your offers tool

What's the difference between a posted rate and the rate I'm offered?

The posted rate is the lender's published rate; the offered rate is usually a discount from it. Ask which rate the lender will use if you break the mortgage early.

Should I pick the shortest break-even?

Only if you're sure you'll keep the mortgage that long. If you might sell or refinance early, the penalty formula can matter more than a small rate difference.

Can a broker get me other offers?

Yes. We compare banks, credit unions and monoline lenders, subject to lender approval.

More tools: Renewal vs switch · Fixed vs variable over time · Prepayment savings · Offer check · Payment shock at renewal

No cost to talk

Ask for options from actual lenders

A tool can only estimate. Tell us your plans and we'll come back with options from actual lenders — no cost to talk.

You can also call us at (416) 371-2077.

What are you looking to do?
Roughly how large is the mortgage?

Optional

We use these details to call you back about your mortgage, and store them in Canada. If we introduce you to a partner broker, we tell you first and share only what you have given us here. See our privacy policy. Stonefield Mortgage is a trade name of Stonefield Capital Inc., FSRA mortgage brokerage licence #13722. A pre-approval or quote is subject to lender approval.