Skip to main content

Fixed rate mortgage

Stability, no surprises.
Une mère et sa fille assises sur un tapis, en posture de yoga.
Man sitting on couch on computer
With a fixed rate mortgage, your rate is locked in for your entire mortgage term.

No matter what happens, you’ll always know what to expect for your mortgage payments.
bottom left arrow image MerixImageTextModule

Is a fixed rate right for me?

The type of rate you choose for your mortgage comes down to what matters to you. If you like to plan ahead, or have a budget you’d like to stick to, a fixed rate simplifies your mortgage payments.

Fixed rate features:
Calculator Icon

Consistent rate

Credit Icon

Predictable payments

Calendar Icon

Long-term stability

bottom right arrow image ThreeCardOneModule
Plant

Perks of a fixed rate with MERIX

Homeownership can be complicated enough.
Keeping it simple with a fixed rate mortgage from MERIX is the life hack you didn’t know you needed.

money icon

Customizable payments

Weekly, biweekly, semi-monthly or monthly – whatever works for you (and your budget)
is good for us!

flexible icon

Flexible prepayment options

Thinking about a mortgage-free
future? Our prepayment options
will get you there even faster!

Truck icon

Portable

Moving to a new home? Requalify to pack up your mortgage and take it with you.

house icon

Assumable

With an assumable mortgage, a qualifying buyer can take over your existing mortgage.

top right arrow image FourCardFiveModule