Is your mortgage a low feature mortgage?

Yes

No

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Penalty input information

Amount of payout

Your ARM interest rate

Maturity date

Remaining term in months

Calculate

Based on the information you provided, your estimated prepayment penalty is . This amount corresponds to the .

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Information about the calculator

Use the prepayment calculator to see how changes can impact your prepayment charges.

If you are making a partial prepayment, only include the amount that exceeds your prepayment privilege.

This calculator makes certain assumptions and is for estimates only. It will provide you with an approximate value to assist you in making decisions regarding your mortgage. To obtain an exact payout figure, please contact us directly.

Interested in learning more about Interest Rate Differential (IRD) and why your prepayment penalty can vary from day-to-day? Click here to learn more.

Is your mortgage a low feature mortgage?

Yes

No

---

Penalty input information

Amount of payout

Your interest rate

Maturity date

Remaining term in months

Posted rate for 1 year term

Calculate

Invalid Entry. The remaining term for your loan should exceed 10 years.

Based on the information you provided, your estimated prepayment penalty is . This amount corresponds to the .

---

Information about the calculator

Use the prepayment calculator to see how changes can impact your prepayment charges.

Payment timing, payment amount and interest rate changes can have a big impact on your Interest Rate Differential amount calculation.

If you are making a partial prepayment, only include the amount that exceeds your prepayment privilege.

This calculator makes certain assumptions and is for estimates only. It will provide you with an approximate value to assist you in making decisions regarding your mortgage. To obtain an exact payout figure, please contact us directly.

Interested in learning more about Interest Rate Differential (IRD) and why your prepayment penalty can vary from day-to-day? Click here to learn more.

(a) where your HELOC has no Locked In Portion, an administration fee of 1.5% calculated on the Credit Limit and prorated over the remaining term. We calculate the administration fee as follows:

• Credit Limit x 0.025% x number of remaining months in the Term

(b) where you have one or more Locked In Portions, the greater of:

• (i) the administration fee calculated as stated in (a) above; or
• (ii) the sum of the applicable prepayment charge(s) for the Locked In Portion(s). You will need to calculate the penalty for each Locked in portion using the calculators below. (Fixed or Variable)

Home Equity Line of Credit

Step 1: The approved total credit limit of the HELOC.
(this is the amount you were approved for, not the amount you have advanced)

Step 2: The number of months remaining in your HELOC term

Your estimated HELOC Administration fee