¹ We guarantee our lowest posted interest rate for the selected mortgage type and for a 90 day period from the application date to the funding date. If not funded within the 90 day period, the interest rate guarantee expires. "Posted" means the interest rate posted by RBC for its residential mortgages.

² The lesser of the appraised value or purchase price of your home at the time of application.

³ Subject to credit approval.

⁴ Total interest paid by the homeowner assuming a constant interest rate of 8% repaid over a 25-year amortization period. The interest rate is calculated semi-annually, not in advance.

⁵ Default insurance premiums may apply.

⁶ Calculated, semi-annually not in advance.

⁷ Over the life of the mortgage, assuming constant interest rate throughout amortization period.

⁸ Assumes constant interest rate throughout amortization period. Compounded semi-annually, not in advance.

⁹ Over the life of the mortgage.

¹⁰ Monthly payment divided by 2.

¹¹ Monthly payment divided by 4.

¹² Calculated assuming a constant interest rate throughout amortization period over the life of the mortgage. Compounded, semi-annually not in advance.

¹³ Excludes Builder Mortgages and Variable Rate Mortgages.

¹⁴ Depending on the terms of your mortgage, this is the amount that could be subject to a prepayment charge.

¹⁵Calculated assuming a constant interest rate throughout amortization period over the life of the mortgage. Compounded half-yearly not in advance.

¹⁶ Based on 28.8% annual interest.

¹⁷ Based on 7% annual interest.

¹⁸ Based on 6% annual interest.

¹⁹ Due to provincial legislation in Alberta and Quebec, clients in these provinces are required to go to an RBC Royal Bank Branch in order to enrol.

²⁰ Calculated assuming a constant interest rate throughout amortization period over the life of the mortgage. Compounded, semi-annually not in advance.

²¹ Interest rate compounded half-yearly, not in advance. Interest rates are subject to change without notice at any time.

²² The annual percentage rate (APR) is based on a $100,000 mortgage for the applicable term assuming certain cost of borrowing charges (for example, appraisal fees). If there are no cost of borrowing charges, the APR and the interest rate will be the same.

²³ Interest rate is compounded monthly, not in advance. This rate may change at any time without notice. Royal Bank of Canada prime rate is an annual variable rate of interest announced by Royal Bank of Canada from time to time as its prime rate.