Mortgage renewal options

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 Understanding your mortgage options
By understanding these basic mortgage concepts, you’ll be better able to tailor your mortgage to your specific needs.

Variable and Fixed Rate Mortgages

From the security of a fixed rate mortgage to the flexibility of a variable rate mortgage, you have several choices when it comes to interest rates.

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Mortgage Amortization

Choosing the length of your amortization period, which means the number of years you will need to pay off your mortgage, is an important decision that can affect how much interest you pay over the life of your mortgage.

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Mortgage Basics: All About Rates

Your mortgage rate can have a big impact on your monthly mortgage costs. Rates will vary depending on the length of your mortgage term and the type of mortgage you select.

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Take the Next Step Toward Renewing Your Mortgage

Talk to a Royal Direct® representative by phone, 24 hours a day, 7 days a week
to renew your mortgage with RBC Royal Bank.
They can help explain your options, offer advice, and lock in a competitive rate for your mortgage renewal.

Call 1-800-769-2511 Contact a Mortgage Specialist

Call 1-800-769-2511

Visit your local branch