Great rate
Get a great rate up front guaranteed for 120 days.
Portable
If you happen to move, you can take your Mortgage with you penalty-free at your current rate, term and Loan amount.
Dedicated Account Manager
Once you’ve applied, you get a dedicated Mortgage Account Manager to help you every step of the way.
Flexible lump sum prepayments
Each year you can make lump sum prepayments up to 25% of your original Mortgage amount. Increase your regular Mortgage payments by up to 25% of your original Mortgage payment. You can do this on any payment date.
Current interest ratez†
Annual interest calculated semi-annually not in advance.
| Mortgage Type | Interest Rate |
|---|---|
| 5 Year Variable Mortgage | 4.40% |
| 1 Year Fixed Mortgage | 6.54% |
| 2 Year Fixed Mortgage | 5.64% |
| 3 Year Fixed Mortgage | 4.69% |
| 4 Year Fixed Mortgage | 4.74% |
| 5 Year Fixed Mortgage | 4.79% |
| 7 Year Fixed Mortgage | 5.60% |
| 10 Year Fixed Mortgage | 6.00% |
† Rates are subject to change without notice.
Mortgage Tools & Resources
Make informed decisions with our suite of helpful calculators and tools
How much can I borrow?
Calculate your maximum mortgage amount based on your income and expenses
Mortgage Payment Calculator
Estimate your monthly payments for different mortgage terms and rates
Rent Translator
See how much mortgage you could afford based on your current rent
Mortgage Prepayment Penalty Calculator
Calculate potential penalties for paying off your mortgage early
Secure a rate, hassle free
A Mortgage Rate Hold is a great way to secure your rate for 120 days. If you are new to Tangerine, all you have to do is sign up as a Client and set up a PIN – there's no need to complete a full application. If you're an existing Client, proceed to Secure Your Rate.
Lock in your rate for 120 days
Quick setup for new clients
No full application required
Mortgage Account Life Insurance
Tangerine Mortgage Account Life Insurance is optional. Read the Mortgage Distribution Guide and go to the Mortgage Account Life Insurance Application to apply.
Learn MoreYour security matters
Keeping your banking info safe isn't the only thing required to protect your accounts. Discover expert tips on how to stay ahead of fraudsters.
Savings Account FAQs
Quick answers to your most common questions
To open a Savings Account online or in our app, you'll need to start by becoming a Client. We'll need your email address, your full name, your date of birth, and your Canadian address. You'll also need to enter your Social Insurance Number (SIN) if you're opening an interest-earning Account, such as a Savings Account.
Here are the main differences between a Tangerine Chequing Account and Savings Account:
Chequing Account
- Convenient for day-to-day transactions like shopping, paying bills, withdrawing cash and sending money to a friend
- Designed to make it easy to access your cash
Savings Account
- Competitive interest rate helps you save money faster
- Keeping your savings "out of sight" in a separate account from your daily activity can make it easier to avoid spending that money
- Can have multiple savings accounts to save for different goals
- Funds are accessible, making them a good option for things like emergency funds
Setting up an Automated Savings Program (ASP) is easy.
Set up online at Tangerine.ca:
- Log in and scroll down to 'Money Management Tools' and click 'Automatic Savings Program'.
- Click 'Start ASP' and follow the prompts
- And remember, you can always go in and make changes to your automatic transfer amount, skip scheduled transactions or cancel your ASP
Set up with the Mobile Banking app:
- In the app, hit 'More' on the bottom of your screen and then hit 'Automatic Transfers' and follow the prompts
