Help centre
What are the penalties for prepaying my mortgage?
Use our fee calculator to help you calculate the prepayment fee. You’ll get an estimate of the amount you may have to pay.
Make sure you have your mortgage agreement on hand.
Want to know the exact mortgage penalty amount? Contact your
branch or call us at 1-888-835-6281
Want to learn more?
Do you have a cash surplus?
Discover the different options available to you, depending on your situation.
- This tool allows you to obtain an estimate of the amount of the charges payable following a prepayment of your mortgage loan. The data generated is an approximation only and does not create a legal or contractual obligation for National Bank. In the event of the prepayment of your loan, the Bank will provide you with the details of the exact amounts payable. For any questions, you may at any time contact your branch or a specialized customer service representative at: 1-888-835-6281.
Related questions
-
Can I defer or skip a mortgage payment? Deferring or skipping a mortgage payment isn’t an option. If you’re having financial problems, contact your advisor immediately. -
How can I avoid paying penalties on an advanced payment? Learn how to avoid penalty charges on an advanced repayment. -
How can I make an additional mortgage payment? Discover how to make an additional payment on your mortgage from your online bank or National Bank app. -
How can I make my down payment to my notary online? Deposit your down payment to your notary from your online bank or the National Bank app. -
How can I pay off my mortgage faster? Discover different options to pay off your mortgage faster.
Chat with our virtual assistant
Ask a question for immediate answers to your questions, available 24/7