Skip fear. Not responsibility.
Know when your mortgage is worth a second look.
MortgageSkip helps you understand whether breaking your mortgage could make sense, and can keep watching the numbers if it doesn’t make sense yet.
No pressure. No obligation. Just clearer mortgage decisions.
Free to use. Currently available for Ontario homeowners.
Illustrative: a $500,000 fixed mortgage at 5.24% moving to 4.19%
You start behind by the penalty, then climb. Where that line crosses for your mortgage is the whole question — and sometimes it never does.
How it works
Four steps, and you can stop after any of them.
- 01
Enter your mortgage
Tell us the basics about your current mortgage. No account, no documents, nothing that identifies you.
- 02
See the scenario
We estimate the cost of breaking your mortgage and compare it with staying where you are.
- 03
Decide what happens next
If the numbers are interesting, you can speak with a broker you already know, connect with one of our partners, or do nothing.
- 04
Let MortgageSkip keep watching
If the numbers don't work yet, you can ask us to tell you when they change.
Why you can trust it
The math comes before the conversation.
MortgageSkip is designed to help you understand your options before anyone tries to sell you anything. You can use the calculator without committing to a broker.
If the numbers suggest a mortgage break may be worth exploring, you can contact your own broker, talk to your lender, or choose to speak with one of our trusted partners.
If you’d rather wait, MortgageSkip can monitor rates and let you know later.
Your mortgage. Your decision.
Seeing a potentially better scenario doesn’t mean you need to act. Sometimes the most useful result is learning that your current mortgage still makes sense.
MortgageSkip exists to make the decision clearer, not to make the decision for you.