Fixed Vs. Variable Calculator

This calculator was designed to help you decide whether to go with a fixed or variable mortgage rate. First, enter your mortgage amount and the fixed and variable rates you're considering. Next, adjust the Variable Rate Increase (Annual) to see how much rates would have to rise during the term before you would be better off going with a fixed rate. Please note that this calculator assumes that you are making monthly payments equal to the fixed payments.

Mortgage Amount
$
Fixed Rate
%
Variable Rate
%
Annual Variable Increase
%

Easy Mortgage Calculators

Avoid surprises, plan ahead! Whether you're purchasing, renewing, or refinancing - our calculators make mortgage budgeting quick and easy.