What is the average mortgage rate in Quebec, Canada?

The current 5-year fixed mortgage rate in Quebec is approximately 4.31%, and the variable rate is approximately 3.62% (Bank of Canada data, as of Apr 16, 2026). Rates vary by lender, term, and whether you require CMHC insurance.

Do I need CMHC insurance when buying a home in Quebec?

CMHC mortgage default insurance is required in Quebec when your down payment is less than 20% of the purchase price. Premiums range from 2.80% to 4.00% of the insured loan amount and are added to your mortgage balance — not paid at closing.

What is the stress test rate for mortgages in Canada?

Under OSFI Guideline B-20, all Canadian mortgage applicants must qualify at the higher of their contract rate plus 2%, or 5.25%. With a 5.24% contract rate, the qualifying rate is approximately 7.24%.

Hipoteca — Quebec, Canada

Q: What is the land transfer tax in Quebec?

Quebec has a 'Welcome Tax' (Taxe de bienvenue) charged by municipalities. The rate is 0.5% on the first C$56,300, 1% on C$56,300–C$282,200, and 1.5% above C$282,200. Montreal's rate increases to 2% above C$563,000 and 2.5% above C$1,126,000.

Pre-filled with Quebec's average home price of C$440000, property tax of C$3740/year, and a 5-year fixed rate of 4.31%. Adjust any value below.

OSFI Stress Test: You must qualify at 7.24% (contract rate + 2%) under Canada's mortgage stress test rules. This calculator shows your actual payment — your lender will verify you can afford the stress-test rate.

Reference Rates

5-yr Fixed 4.31% Variable 3.62% Prime Rate 4.46% BoC Rate 2.2649%

Apr 16, 2026 · Bank of Canada

1 Detalles del Préstamo

Precio del Inmueble

Entrada / Señal

Importe del Préstamo

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Tipo de Interés (live 5-yr fixed 4.31%)

Período de Amortización

2 Costes Mensuales (Quebec averages pre-filled)

IBI ((anual)) ~0.85% in QC

Seguro de Hogar ((anual))

Gastos de Comunidad (mensual, si aplica)

Incluir Seguro CMHC

Obligatorio si la entrada < 20 %

Pago Mensual Estimado

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Capital e Intereses

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IBI

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Seguro de Hogar

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Gastos de Comunidad

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Total de Intereses

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A lo largo del préstamo

Coste Total

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Capital + intereses

Importe Financiado

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Cantidad prestada

Entrada

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Del precio del inmueble

Desglose de la Cuota Mensual

Evolución del Capital Pendiente

Comparativa de Tipos

Cómo cambia tu cuota según el tipo de interés

Escenario de Tipo	Cuota C+I	Total Intereses
Introduce los datos para ver escenarios

Cuadro de Amortización

Desglose mensual completo

Mes	Año	Cuota	Capital	Intereses	Capital Pendiente

Quebec Mercado Inmobiliario

Quebec offers some of Canada's best housing affordability outside the Prairies. Montreal remains significantly cheaper than Toronto or Vancouver despite recent appreciation. Quebec City is one of the country's most stable markets. Strong rental rights and tenant protections make renting a viable long-term option.

Precio Medio de la Vivienda C$440000

Tasa Efectiva del IBI ~0.85%

IBI Anual Medio C$3740

Seguro Anual Medio C$1100

Tasa de Prueba de Estrés ~7.24%

Comprar en Quebec

At C$440,000 average price, Quebec is one of Canada's most accessible major markets. Montreal condos remain well below Toronto and Vancouver equivalents. Combined municipal and provincial taxes, however, make ongoing costs important to budget carefully.

Impuesto sobre Transmisiones

Quebec has a 'Welcome Tax' (Taxe de bienvenue) charged by municipalities. The rate is 0.5% on the first C$56,300, 1% on C$56,300–C$282,200, and 1.5% above C$282,200. Montreal's rate increases to 2% above C$563,000 and 2.5% above C$1,126,000.

Seguro Hipotecario CMHC

CMHC insurance is required for down payments of 5–19.99%. Quebec's notarial system adds unique closing costs — a notary (rather than a lawyer) handles the transaction, typically costing C$1,200–C$2,000.

Mercados Clave

Montreal Quebec City Laval Longueuil Gatineau

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