RBC Royal Bank mortgage rates
RBC Royal Bank's lowest 5-year fixed rate on its own website was 4.84% (insured) when we read it on Nov 1, 2026. Its posted 5-year rate was 6.19%, 1.35 points higher. Its lowest variable was 4.10%. 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 | — | 5.74% | — | — | $3,122.17 |
| 1-year | 5.14% | 5.74% | 0.60 pts | $2,948.00 | $3,122.17 |
| 2-year | 5.14% | 5.74% | 0.60 pts | $2,948.00 | $3,122.17 |
| 3-year | 5.09% | 6.25% | 1.16 pts | $2,933.69 | $3,273.71 |
| 4-year | 5.04% | 6.09% | 1.05 pts | $2,919.42 | $3,225.83 |
| 5-year | 4.84% insured | 6.19% | 1.35 pts | $2,862.65 | $3,255.72 |
| 7-year | 5.25% | 6.50% | 1.25 pts | $2,979.59 | $3,349.12 |
| 10-year | — | 6.90% | — | — | $3,471.26 |
| RBC Royal Bank special | 4.84%read Nov 1, 2026 |
|---|---|
| RBC Royal Bank posted | 6.19% |
| Mortgage | $500,000, 25 years, 5-year term |
| Monthly payment, lower → higher rate | $2,862.65 → $3,255.72 |
| Interest difference over 5 years | $32,544 |
Open this example in the calculator →Computed Nov 2, 2026.
All RBC Royal Bank rates we collected
| Term | Type | Insured | Kind | Rate | Fine print | Source |
|---|---|---|---|---|---|---|
| 6-month | Fixed | Not split | posted | 5.74% APR 5.99% | Convertible. | page |
| 1-year | Fixed | Not split | special | 5.14% APR 5.27% | Special rate for purchase and switch transactions, amortization 25 years or less. | page |
| 1-year | Fixed | Not split | posted | 5.74% APR 5.87% | page | |
| 2-year | Fixed | Not split | special | 5.14% APR 5.20% | Special rate for purchase and switch transactions, amortization 25 years or less. | page |
| 2-year | Fixed | Not split | posted | 5.74% APR 5.80% | page | |
| 3-year | Fixed | Not split | special | 5.09% APR 5.13% | Special rate for purchase and switch transactions, amortization 25 years or less. | page |
| 3-year | Fixed | Not split | posted | 6.25% APR 6.29% | page | |
| 4-year | Fixed | Not split | special | 5.04% APR 5.07% | Special rate for purchase and switch transactions, amortization 25 years or less. | page |
| 4-year | Fixed | Not split | posted | 6.09% APR 6.12% | page | |
| 5-year | Variable | Insured | special | 4.10% prime − 0.60 APR 4.13% | High Ratio: less than 20% down payment on a purchase. | page |
| 5-year | Variable | Not split | special | 4.40% prime − 0.30 APR 4.43% | Special rate for purchase and switch transactions, amortization 25 years or less. | page |
| 5-year | Variable | Not split | posted | 4.70%* prime + 0.00 APR 4.73% | Posted variable: RBC Prime + 0.000%. | page |
| 5-year | Fixed | Insured | special | 4.84% APR 4.87% | High Ratio: customers with less than 20% down payment on a purchase transaction who meet other conditions. | page |
| 5-year | Fixed | Not split | special | 5.14% APR 5.17% | Special rate for purchase and switch transactions, amortization 25 years or less. | page |
| 5-year | Fixed | Not split | posted | 6.19% APR 6.22% | page | |
| 7-year | Fixed | Not split | special | 5.25% APR 5.27% | Special rate for purchase and switch transactions, amortization 25 years or less. | page |
| 7-year | Fixed | Not split | posted | 6.50% APR 6.52% | page | |
| 10-year | Fixed | Not split | posted | 6.90% APR 6.91% | page |
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 RBC Royal Bank's penalty method on the pages we read. It's in your mortgage contract's information box.
Check a RBC Royal 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 1, 2026).
RBC lists special offers for purchase and switch transactions with separate rates for amortizations over 25 years, high-ratio rates, and posted rates.
MortgageRateToday.ca isn't affiliated with RBC Royal Bank and isn't paid by any lender.
Frequently asked questions
What is RBC Royal Bank's 5-year fixed mortgage rate?
On Nov 2, 2026, RBC Royal Bank's own website showed 4.84% (insured) for a 5-year fixed and a posted 5-year fixed rate of 6.19%. Rates change often; check the lender's page.
What is RBC Royal Bank's variable mortgage rate?
The lowest closed variable rate on its page was 4.10% (prime − 0.60) for a 5-year term, with RBC Royal Bank's prime at 4.70%.