What is the average mortgage rate in Yukon, Canada?

The current 5-year fixed mortgage rate in Yukon 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 Yukon?

CMHC mortgage default insurance is required in Yukon 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%.

Mortgage Calculator for Yukon, Canada

Q: What is the land transfer tax in Yukon?

Yukon does not charge a provincial land transfer tax. Home buyers pay a Land Titles registration fee based on the property value — typically under C$500. This is among the lowest transaction cost structures in Canada.

Pre-filled with Yukon's average home price of C$540000, property tax of C$4320/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 Loan Details

Home Price

Down Payment

Loan Amount

Auto-calculated —

Interest Rate (live 5-yr fixed 4.31%)

Amortization Period

2 Monthly Costs (Yukon averages pre-filled)

Property Tax (annual) ~0.8% in YT

Home Insurance (annual)

Condo Fees (monthly, if applicable)

Include CMHC Insurance

Required when down payment < 20%

Estimated Monthly Payment

—

Enter your loan details to see your payment

Principal & Interest

—

Property Tax

—

Home Insurance

—

Condo Fees

—

Total Interest Paid

—

Over loan lifetime

Total Cost

—

Principal + interest

Loan Amount

—

Amount financed

Down Payment

—

Of home price

Monthly Payment Breakdown

Balance Over Time

Rate Comparison

How your payment changes with different interest rates

Rate Scenario	Monthly P&I	Total Interest
Enter loan details above to see rate scenarios

Amortization Schedule

Full month-by-month payment breakdown

Yukon Housing Market

Yukon's housing market is essentially the Whitehorse market. Strong in-migration, government employment, and mining activity have pushed prices significantly above what local incomes historically supported. The supply of single-family homes is extremely limited.

Average Home Price C$540000

Effective Property Tax Rate ~0.8%

Avg Annual Property Tax C$4320

Avg Annual Insurance C$1600

Stress Test Rate ~7.24%

Buying in Yukon

Whitehorse has seen dramatic price appreciation. While territorial government salaries are competitive, the limited housing stock creates persistent affordability challenges for buyers not transferring equity from another market.

Land Transfer Tax

Yukon does not charge a provincial land transfer tax. Home buyers pay a Land Titles registration fee based on the property value — typically under C$500. This is among the lowest transaction cost structures in Canada.

CMHC Default Insurance

CMHC insurance applies on insured purchases. Yukon's isolated housing market requires buyers to qualify under standard CMHC/OSFI rules while navigating a thin and competitive supply of listings.

Key Markets

Whitehorse

Mortgage Calculator by Canadian Province

Ontario British Columbia Alberta Quebec Nova Scotia Manitoba US Calculator →