20 Canadian lenders · Free · No account required
Save thousands — or avoid a costly mistake.
Calculate penalty, net savings, and break-even in 2 minutes.
1
Enter your details
Lender, balance, rate, months remaining.
2
Get your penalty
IRD or 3 months interest — lender-specific.
3
See your savings
Compare with a new rate. Break-even included.
$10,575
Typical IRD penalty (RBC, $450k)
$3,089
Net savings after penalty
24 months
Average break-even period
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Make an informed decision.
Numbers in hand, not guesses.
Estimates for information only. Your lender sets the exact penalty.