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New · Renewal Cliff Calculator

Payment Shock Calculator

Renewing your BC mortgage in 2025-26? Roughly 1.2M Canadian households are in the same boat. See exactly how much your monthly payment changes at today's rates — and what your real refinance options are.

Run the math

Old monthly
$0
New monthly
$0
Payment ↑
$0
0% increase
Annual cost increase: $0
5-year cost increase: $0
What to do next
  • Don't sign your bank's renewal letter automatically. 60% of Canadians do — and pay 0.5-1.5% more than they'd get if they shopped.
  • Shop 6 months before renewal. Brokers can hold a rate offer 90-120 days, letting you lock in below today's pricing.
  • Compare apples-to-apples. Posted rate ≠ closed rate. Discount, prepayment terms, portability all matter.
  • If your file changed (income drop, credit event, self-employed), get a broker — bank renewal teams can't reposition you the way a broker can.

Want a real renewal quote, not just math?

2-minute qualifier matches you to a BCFSA-licensed broker who pulls 2-4 competing renewal offers. No credit pull.

Get a renewal quote →