All-In-One Banking | National Bank of Canada

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Rates and Fees

Contenu de l'Onglet "Description"

All-In-One Banking^TM1 is a financing solution that has twice been named "Mortgage of the Year" by Canadian Mortgage Trends.

But it's much more than a mortgage loan. It gets you started by helping you buy a home. It's a line of credit that helps you finance your projects (renovations, vehicle, travel, etc.). And thanks to free banking services and a low interest rate, it saves you money.

All-In-One Banking is a home equity line of credit. Here's how it works:

Requires a minimum down payment corresponding to 20% of the property's value.²

Many banking transactions are free of charge (you save around $147 per year)*.


	See banking fees chart

Pay less interest by consolidating all your financing.


	See interest savings chart

*Based on the annual cost of the National Bank AccessPlus banking package.

As you pay off the loan, the repaid principal becomes available to you for other projects.³

	Emergency fund
	Renovations
	Investments
	Your children’s education
	Financing for all your plans

1. Finance your home purchase

The All-In-One Banking solution can help you buy your first home or a new property:

minimum down payment is to 20% of the home's value²
eligible for the Home Buyers' Plan⁴ (HBP)
one of the lowest rates on the market.

All-In-One Banking provides you with the flexibility of a line of credit and the lower interest rate associated with a mortgage loan.

Compare the advantages of All-In-One Banking to a traditional mortgage loan.

2. Finance your projects

As you gradually pay off your mortgage, the repaid capital becomes a fund that you can use for other projects.³

Here are the main advantages:

one great rate for all your projects
have multiple accounts and manage each one separately
or integrate your other National Bank accounts if you prefer
monthly consolidated account statement.

¹ Subject to National Bank credit approval. Certain conditions apply.
²A maximum amount equivalent to 65% of the value of the property may be in the form of a line of credit, and the rest of the funding has to be in the form of a mortgage loan. For example, if the value of the property is $ 100,000 and you have an amount of $ 20,000 available for down payment (20% of the value of the property, which is the minimum required), the authorized credit limit of the All-In-One will be $ 80,000. However, of this $ 80,000, up to $ 65,000 will be in the form of a line of credit and the rest will be in the form of a mortgage loan.
³ Not to exceed the maximum amount available as a line of credit, i.e. an amount equal to 65% of the property value.⁴ To be eligible for the Home Buyers' Plan, the selected home must be located in Canada, purchased or built before October 1 of the calendar year following the RRSP withdrawal and serve as the buyer's principal residence within a year of being purchased or built. You and your spouse can each withdraw up to $25,000 from your RRSP. You have 15 years, as of the second calendar year after withdrawal, to repay your RRSP. Your annual repayment must be equal to 1/15 of the total amounts withdrawn.
^TM National Bank All-In-One is a trademark of National Bank of Canada

Contenu de l'Onglet "Advantages"

Contenu de l'Onglet "How it works"

Contenu de l'Onglet "Examples"

Example

Eric and Jennifer want to become homeowners...

Find out more

All-In-One Banking is a financing solution that can be adapted to every project in your life

See the various ways you can use the All-In-One Banking

All-In-One Banking provides you with savings on interest


	See interest savings chart

	Compare the advantages of All-In-One Banking

Contenu de l'Onglet "Rates and fees"

Contenu de la Bulle "Taux les plus bas"

Interest rate for the All-In-One (line of credit)

As at : % + 1%

The rate is prime + 1% which is variable, but it's one of the lowest rates on the market.

The prime rate is the annual variable interest rate published by National Bank from time to time and used by the Bank to determine the interest rates on demand loans granted by it in Canadian dollars in Canada.

All-In-One fees (fees for regrouped accounts):

main account: no charge (if financing exceeds 80% of property value, a monthly fee of $2.50 applies)
additional accounts: $2.50/month/account
account for a mortgage loan integrated into the All-In-One: no charge
you are responsible for the property appraisal fees and any legal fees.