Best 4-year fixed mortgage rates in Quebec.
Today’s best 4-year fixed rate in Quebec is 4.14%. We compare 4-year fixed rates across 100+ Canadian lenders for Quebec and lock your best on one application, with no bureau pull to start.
The best 4-year fixed rate in Quebec today is approximately 4.14% — about $2,234/month on Quebec’s median price of $523,250 with 20% down over a 25-year amortization. A 4-year fixed is a less-common middle term that occasionally prices sharper than the 5-year. Desjardins (Quebec's largest financial cooperative) and National Bank dominate the Quebec mortgage market with deeply localized products.
Insured vs uninsured: the lowest 4-year fixed rates are usually insured pricing: a purchase with less than 20% down, backed by CMHC, Sagen or Canada Guaranty. Uninsured files (20%+ down, homes over $1.5M, refinances) typically price higher. APR is shown only where the lender publishes one that differs from the rate.
Rates illustrative; your file (credit, income, LTV) sets your personalized rate. See all Quebec rates →
Quebec mortgage payments by term
| Term | Best rate | Est. monthly payment* |
|---|---|---|
| 5-Year Fixed | 4.14% | $2,234/mo |
| 5-Year VariableLowest | 3.50% | $2,090/mo |
| 3-Year Fixed | 4.04% | $2,211/mo |
| 3-Year Variable | 3.90% | $2,179/mo |
| 2-Year Fixed | 3.99% | $2,200/mo |
| 1-Year Fixed | 4.19% | $2,245/mo |
| 4-Year Fixed | 4.14% | $2,234/mo |
| 7-Year Fixed | 4.49% | $2,315/mo |
| 10-Year Fixed | 5.34% | $2,516/mo |
What a 4-year fixed costs on a typical Quebec home
Worked on Quebec’s median price of $523,250 (Quebec province-wide median price, single-family homes — Centris (APCIQ)) at today’s best 4-year fixed rate of 4.14%, a 25-year amortization and Canadian semi-annual compounding. The term figures cover the 4-year term only.
| Minimum down (insured) | 20% down (uninsured) | |
|---|---|---|
| Down payment | $27,325 (5.2%) | $104,650 (20.0%) |
| Default insurance premium (added to the mortgage) | $19,837 | None |
| Quebec sales tax on the premium (cash at closing) | $1,785 | None |
| Mortgage amount | $515,762 | $418,600 |
| Monthly payment | $2,752/mo | $2,234/mo |
| Interest paid over the 4-year term | $80,662 | $65,467 |
| Principal repaid over the term | $51,448 | $41,756 |
| Balance owing at renewal (year 4) | $464,314 | $376,844 |
| Payment you must qualify at (6.14% stress-test rate) | $3,343/mo | $2,713/mo |
Quebec Welcome Tax (Droits de mutation) on this price: about $5,959 on the provincial base schedule (many municipalities charge more on the portion above $500,000). It is billed by the municipality a few months after closing and paid in cash. An eligible first-time buyer can recover up to $5,240 of it afterwards through Quebec’s refundable homeownership tax credit.
Qualifying: lenders test your income at 6.14% (the higher of your rate + 2% or 5.25%), not at 4.14%, so the qualifying payment above is the one your income must support, together with property tax, heating and other debts. Run your own numbers in the affordability calculator.
Is a 4-year fixed right for you in Quebec?
Who it suits. Borrowers who want most of the certainty of a 5-year fixed but find a four-year offer priced attractively, or whose plans line up with a four-year horizon. It's worth checking precisely because few people ask for it, so lenders sometimes use it to win business.
What drives the rate. Priced between the 3- and 5-year bonds, the 4-year fixed is offered by fewer lenders, which means the handful who promote it can be unusually competitive on it. The right lender mix is everything for this term.
Breaking it early. Standard fixed-term math (the greater of three months' interest or IRD), sitting between the 3- and 5-year in penalty size.
A low-volume term that rewards shopping the full lender panel. You give up the broad availability of the 5-year in exchange for an occasionally sharper, slightly shorter lock.
What’s specific to Quebec
The Quebec rate market. Desjardins (Quebec's largest financial cooperative) and National Bank dominate the Quebec mortgage market with deeply localized products. Desjardins frequently offers competitive rates with simplified closing through their integrated notary network. French-language service is mandatory for many borrowers — we have French-speaking advisors available.
Top Quebec lenders to compare. Quebec’s 4-year fixed pricing is shaped by a distinct lender mix: Desjardins, National Bank, RBC, Scotiabank, Laurentian Bank and others all bid for files here, and we shop the whole panel on one application. Foreign-buyer rules: Federal foreign-buyer ban applies (extended to 2027). Quebec does not have its own NRST.
Closing costs. On top of the rate, budget for quebec welcome tax (droits de mutation) — tiered: 0.5% to $62,900, 1% to $315,000, then 1.5% — plus whatever rate the municipality sets above $500,000, capped at 3% for every city except Montréal. Billed by the city months AFTER closing, not collected on it. Quebec's refundable tax credit for access to homeownership, new for 2026 and retroactive to 1 January, reimburses eligible first-time buyers 100% of the first $5,000 of transfer duties plus 25% of the next $3,500 — up to $5,875. It is reduced progressively above a $750,000 home value and is nil at $1,000,000, and it arrives as a tax credit afterwards rather than as a discount at closing. Run the full number in our Quebec land transfer tax calculator.
A worked example for Quebec
On Quebec’s median price of $523,250 with 20% down ($104,650), the mortgage is $418,600. At today’s best 4-year fixed rate of 4.14% over a 25-year amortization, that’s about $2,234/month using Canadian semi-annual compounding. That payment is locked for the full term. Model your own price in the payment calculator.
Whatever your situation in Quebec
First home, renewal, refinance, self-employed or bruised credit: there's a 4-year fixed path for your file, with the same 100+ lender network.
First-time buyers
5% down to your first Quebec home, with FHSA + RRSP HBP optimization.
Refinancing
Tap your Quebec home equity for renovations, debt consolidation, or investing.
Renewing
Don't auto-renew. Compare your bank's offer against the market.
Self-employed
Business-for-self files priced right, with A-lender, alt-A and private compared.
Bruised credit
B-lender and private paths now, with a mapped exit back to A-pricing.
New to Canada
Newcomer programs at the big banks; international credit accepted.
6 reasons to lock your Quebec 4-year fixed rate through a broker
Why Quebec borrowers shop the whole market instead of signing their bank's first 4-year fixed offer.
100+ lenders compete, not one
A Quebec bank shows you a single 4-year fixed rate sheet. We put your file in front of 100+ lenders who bid for it, then pass on the volume pricing we hold as a brokerage.
Broker-channel pricing
The wholesale rate brokers access is typically 15-30 bps below a bank's posted rate. You can't get it by walking into a branch.
Built for the Quebec market
Desjardins (Quebec's largest financial cooperative) and National Bank dominate the Quebec mortgage market with deeply localized products.
Your rate held 90-120 days
A pre-approval locks today's 4-year fixed rate while you shop, and many lenders honour a drop if rates fall before you close.
No bureau pull to start
We can shop your Quebec 4-year fixed rate and pre-qualify you without a hard credit check, so comparing costs you nothing.
Rate Beat offer (conditions apply)
Rate-beat offer: if you bring a written, current 4-year fixed offer from one of the six largest banks for the same product, term and amount, we will try to beat it or pay you $500 (keep it, or we'll donate it to your favourite charity). Conditions apply; see mortgagesquad.ca/rate-beat-guarantee. Our advice is free, because the lender pays our commission on funding.
Why shop your Quebec 4-year fixed rate with us
- 100+ lenders on one application: banks, monolines, and Quebec credit unions like Desjardins and National Bank.
- Broker-channel rates 15-30 bps below posted, only a brokerage can access.
- Quebec-specific guidance: land transfer tax, rebates, and local lender fit built in.
- FSRA-licensed advice in 15+ languages.
Quebec 4-year fixed rates — FAQ
What is the best 4-year fixed mortgage rate in Quebec right now?
Are Quebec 4-year fixed rates different from the rest of Canada?
Should I choose a 4-year fixed in Quebec?
How does breaking a 4-year fixed mortgage work?
What land transfer tax will I pay in Quebec?
Can I lock this Quebec rate before I buy?
Lock your best Quebec 4-year fixed rate.
Free, no bureau pull to begin. We shop 100+ lenders and hold your rate while you shop for the home.