National Bank mortgage rates
National Bank's lowest 5-year fixed rate on its own website was 4.69% (insured) when we read it on Nov 2, 2026. Its posted 5-year rate was 6.14%, 1.45 points higher. Its lowest variable was 4.35%. The lowest comparable rate we collected anywhere was 4.34% at ATB Financial.
| Term | Lowest special / advertised | Posted | Gap | Payment at special | Payment at posted |
|---|---|---|---|---|---|
| 6-month | — | 6.09% | — | — | $3,225.83 |
| 1-year | 5.49% | 5.49% | 0.00 pts | $3,049.05 | $3,049.05 |
| 2-year | 5.04% | 5.24% | 0.20 pts | $2,919.42 | $2,976.71 |
| 3-year | 5.04% | 6.09% | 1.05 pts | $2,919.42 | $3,225.83 |
| 4-year | 5.09% | 6.05% | 0.96 pts | $2,933.69 | $3,213.91 |
| 5-year | 4.69% insured | 6.14% | 1.45 pts | $2,820.42 | $3,240.76 |
| 6-year | — | 6.40% | — | — | $3,318.87 |
| 7-year | 5.34% | 6.40% | 1.06 pts | $3,005.55 | $3,318.87 |
| 10-year | — | 6.80% | — | — | $3,440.56 |
| National Bank special | 4.69%read Nov 2, 2026 |
|---|---|
| National Bank posted | 6.14% |
| Mortgage | $500,000, 25 years, 5-year term |
| Monthly payment, lower → higher rate | $2,820.42 → $3,240.76 |
| Interest difference over 5 years | $34,934 |
Open this example in the calculator →Computed Nov 2, 2026.
All National Bank rates we collected
| Term | Type | Insured | Kind | Rate | Fine print | Source |
|---|---|---|---|---|---|---|
| 6-month | Fixed | Not split | posted | 6.09% APR 6.31% | page as of Nov 2, 2026 | |
| 1-year | Fixed | Not split | special | 5.49% APR 5.61% | Promotional rate. | page as of Nov 2, 2026 |
| 1-year | Fixed | Not split | posted | 5.49% APR 5.61% | page as of Nov 2, 2026 | |
| 2-year | Fixed | Not split | special | 5.04% APR 5.09% | Promotional rate. | page as of Nov 2, 2026 |
| 2-year | Fixed | Not split | posted | 5.24% APR 5.31% | page as of Nov 2, 2026 | |
| 3-year | Fixed | Not split | special | 5.04% APR 4.99% | Promotional rate. The page shows an APR below the rate; recorded as displayed. | page as of Nov 2, 2026 |
| 3-year | Fixed | Not split | posted | 6.09% APR 6.10% | page as of Nov 2, 2026 | |
| 4-year | Fixed | Not split | special | 5.09% APR 5.08% | Promotional rate. The page shows an APR below the rate; recorded as displayed. | page as of Nov 2, 2026 |
| 4-year | Fixed | Not split | posted | 6.05% APR 6.09% | page as of Nov 2, 2026 | |
| 5-year | Variable | Not split | special | 4.35% prime − 0.35 APR 4.39% | Promotional rate. | page as of Nov 2, 2026 |
| 5-year | Fixed | Insured | special | 4.69% APR 4.73% | Promotion: 5 year fixed high ratio. | page as of Nov 2, 2026 |
| 5-year | Variable | Not split | posted | 4.70% prime + 0.00 APR 4.74% | Variable-rate mortgage, 60-month term: prime + 0.00%. | page as of Nov 2, 2026 |
| 5-year | Fixed | Not split | special | 5.14% APR 5.18% | Promotional rate. | page as of Nov 2, 2026 |
| 5-year | Fixed | Not split | posted | 6.14% APR 6.18% | page as of Nov 2, 2026 | |
| 6-year | Fixed | Not split | posted | 6.40% APR 6.44% | page as of Nov 2, 2026 | |
| 7-year | Fixed | Not split | special | 5.34% APR 5.37% | Promotional rate. | page as of Nov 2, 2026 |
| 7-year | Fixed | Not split | posted | 6.40% APR 6.43% | page as of Nov 2, 2026 | |
| 10-year | Fixed | Not split | posted | 6.80% APR 6.83% | page as of Nov 2, 2026 |
Highlighted rows are the lowest special or advertised rate for that term and type among the rows shown. * = the lender's own prime rate plus its stated spread. Collected Nov 2, 2026; check the lender's page before relying on any rate.
Prepayment and penalties
We didn't find National Bank's penalty method on the pages we read. It's in your mortgage contract's information box.
Check a National Bank posted-rate IRD · full penalty calculator on BankMortgages.ca
About this lender
Bank lending across Canada. Prime rate 4.70% as stated on its site (as of Nov 2, 2026).
National Bank publishes promotional and posted rates ("Rate (%) as at 11-02-2026"). Two promotional APRs on its page are lower than the rates; recorded as displayed.
MortgageRateToday.ca isn't affiliated with National Bank and isn't paid by any lender.
Frequently asked questions
What is National Bank's 5-year fixed mortgage rate?
On Nov 2, 2026, National Bank's own website showed 4.69% (insured) for a 5-year fixed and a posted 5-year fixed rate of 6.14%. Rates change often; check the lender's page.
What is National Bank's variable mortgage rate?
The lowest closed variable rate on its page was 4.35% (prime − 0.35) for a 5-year term, with National Bank's prime at 4.70%.