TD Canada Trust Mortgage Rates 2026
TD Canada Trust is one of Canada's largest financial institutions with over 1,100 branches nationwide. TD is particularly strong for first-time homebuyers and offers the TD First Home program with dedicated mortgage advice, pre-approval services, and bundled discounts for existing TD chequing and savings customers.
Current TD Bank Mortgage Rates
Rates are indicative and change frequently. Contact TD Bank or a broker for a current rate quote with your specific details.
Fixed Rate Mortgages
Variable Rate Mortgages
Pros & Cons
Pros
- Strong branch network — easy access across Canada
- TD MyAdvantage Rate discounts for existing customers
- Solid prepayment privileges at 15%
- TD Mortgage Protection (life and disability) available
- Digital pre-approval through the TD app
Cons
- —Posted rates are negotiable — always ask for a better rate
- —Branch advisors may not always match broker rates
- —IRD penalty calculations can be costly for fixed-rate breakage
TD Bank Mortgage FAQs
Can I negotiate my TD mortgage rate?
Yes. TD posted rates are almost always negotiable. You can negotiate directly, use a broker, or use competing offers from other lenders to get a better rate.
Does TD offer a first-time buyer discount?
TD has programs specifically for first-time buyers, including dedicated mortgage specialists and occasional promotions. Ask about the TD First Home program when applying.
What is TD's prepayment penalty?
For fixed-rate mortgages, TD charges the greater of 3 months' interest or the IRD. For variable-rate mortgages, it is 3 months' interest.