Alterna Savings Mortgage Rates & Reviews

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Alterna Savings

Alterna Savings Background

Alterna Savings is a credit union founded in 1908 and is the second-largest credit union in Ontario. Alterna offers a variety of financial services from retail banking, mortgages, lending, and wealth management. It has $8 billion in assets and 185,000 members that are serviced through 35 branches.

Alterna Savings Prime Rate

Alterna Savings's Prime Rate is used as the basis for many of Alterna Savings's lending products including variable rate mortgages, lines of credit, and HELOCs. Prime, or P, is normally combined with a spread to make up the final interest rate.

Alterna Savings

Current Alterna Savings Prime Rate: 2.45%

Last Changed: March 31, 2020

Alterna Savings Fixed-Rate Mortgages

Mortgage Amount:
Amortization:
Payment Frequency:
TermRateMonthly Payment
1-Year Fixed
2.79%$1,853
2-Year Fixed
1.54%$1,607
3-Year Fixed
2.29%$1,752
4-Year Fixed
2.69%$1,833
5-Year Fixed
1.84%$1,664
7-Year Fixed
5.65%$2,492
10-Year Fixed
6.05%$2,589

The rates shown are for insured mortgages with a down payment of less than 20%. You may get a different rate if you have a low credit score or a conventional mortgage. Rates may change at any time.

Alterna Savings Variable-Rate Mortgages

Mortgage Amount:
Amortization:
Payment Frequency:
TermRateMonthly Payment
1-Year Variable
6.35%$2,663
3-Year Variable
3.55%$2,013
5-Year Variable
1.65%$1,628

The rates shown are for insured mortgages with a down payment of less than 20%. You may get a different rate if you have a low credit score or a conventional mortgage. Rates may change at any time.

This calculator is provided for general information purposes only. WOWA does not guarantee the accuracy of the information shown and is not responsible for any consequence that arise from the use of the calculator and its results. Any financing products shown are subject to terms and conditions and may not be available in certain regions.