Best mortgage rates in Belleville.
Today’s best rate in Belleville is 3.00%. We compare 100+ lenders and lock your best on one application. No credit pull to start.
What will a mortgage cost in Belleville?
On the average price of $555,000, 20% down and the best 5-year fixed come to about $2,369/month. The smallest legal down payment is $30,500, plus $7,575 of Ontario land transfer tax at closing. Bay-of-Quinte affordable city; growing newcomer flow.
Who has the best mortgage rate in Belleville?
Marathon Mortgage Corp, at 3.00%. Your own rate depends on your file.
Marathon Mortgage Corp Best5-year variable3.00%Apply
Meridian Credit Union5-year variable3.44%Apply
Radius Financial3-year variable3.55%Apply- Radius Financial3-year variable3.55%Apply
- Marathon Mortgage Corp0.5-year fixed3.64%Apply
- Marathon Mortgage Corp0.5-year fixed3.64%Apply
Desjardins5-year variable3.70%Apply
TD Canada Trust3-year variable3.97%Apply
Rates illustrative; your file (credit, income, LTV) sets your personalized rate. See all Ontario rates →
What would my payment be on a $555,000 home in Belleville?
About $2,369/month with 20% down at the best 5-year fixed, or $2,911/month with the minimum down.
| At $555,000 | Minimum down | 20% down |
|---|---|---|
| Down payment | $30,500 | $111,000 |
| CMHC premium | $20,980 | None |
| Mortgage | $545,480 | $444,000 |
| Monthly, 5-yr fixed 4.14% | $2,911 | $2,369 |
| Monthly, 5-yr variable 3.00% | $2,581 | $2,101 |
| Stress-test payment at 6.14% | $3,536 | $2,878 |
25-year amortization, Canadian semi-annual compounding, best rates on today’s board. The stress test qualifies you at the greater of the contract rate plus 2 points or 5.25%. Illustrative, O.A.C. Model your own numbers in the payment calculator.
How we worked out a $555,000 Belleville purchase
At this price Belleville buyers can take the insured route: only the slice above $500,000 needs 10% down, which keeps the minimum near 5% of the price. Saving to 20% would take another $80,500 and removes the $20,980 premium.
On the 20%-down loan, variable is $268 a month cheaper than fixed today.
How much land transfer tax is on a Belleville purchase?
About $7,575 of Ontario land transfer tax on $555,000. All told, the minimum cash to close at this price — before legal fees, title insurance and adjustments — is about $38,075.
Land transfer tax on a Belleville purchase, explained
Belleville is outside the City of Toronto, so only Ontario's land transfer tax applies — $7,575 on a $555,000 purchase.
At this price the first-time-buyer refund of up to $4,000 covers 53% of it, leaving $3,575 to pay.
Check other prices in the land transfer tax calculator.
How do Belleville neighbourhoods change the file?
All 4 pockets below are freehold-led, so the financing turns on the appraisal, rental suites and the age of the stock rather than a condo corporation.
Belleville neighbourhoods, one by one (4)
East Hill
Century and pre-war detached, mature lotsCharacter stock with a narrow comparable set and the standard older-home conditions — wiring, plumbing, roof age — that matter to your insurer as much as your lender.
West Hill
Post-war detached subdivisionEstablished mid-band stock, comfortably insurable, so 5% on the first $500,000 plus 10% on the balance applies. Long tenure keeps the renewal book deep.
Downtown
Older detached, semi and units over retailResidential above or behind commercial space is mixed-use, and much of the A-lender panel declines on property type before reading the borrower's file. That is a lender-selection problem to settle before you offer.
North Belleville
Newer detached subdivisionThe city's main recent build-out, financing conventionally with clean comparables. Builder purchases need a rate hold that reaches the final closing date.
This page is the rate-shopping side. For pre-approval strategy, document help and a dedicated advisor, see our Belleville mortgage broker page.
Belleville mortgage rates — FAQ
What is the best mortgage rate in Belleville right now?
The best rate in our 100+ lender network for Belleville (Ontario) is approximately 3.00% as of Oct 24, 2026. Your own rate depends on your file — income, credit, loan-to-value and property type.
What land transfer tax will I pay in Belleville?
Ontario's tax only: $7,575 on $555,000, or $3,575 for a first-time buyer.
Can I lock a Belleville rate before I buy?
Yes — most lenders hold a pre-approval rate for 90-120 days, and many honour a lower rate if rates drop before closing.
Lock your best Belleville rate.
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