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Desjardins mortgage

Desjardins mortgage calculator

Estimate your Desjardins mortgage payment using sample posted rates and Canadian semi-annual compounding. Pre-populated with a representative Desjardins 5-year fixed; adjust to your actual quote.

Your scenario

Result

Payment per month
$4,183.46
Monthly P&I
$4,183
Total interest
$535,037
Total paid
$1,255,037
Annual prepay privileges
15% / 15%

Sample rates only. Mortgage360 is an independent platform — NOT affiliated with Desjardins. Confirm posted rates and prepayment terms directly with Desjardins or your mortgage broker before any decision.

Independent tool: This calculator uses sample Desjardins posted rates and is NOT affiliated with Desjardins. Always confirm your actual quote with the lender or your broker.

About Desjardins mortgages

Quebec credit-union network — Canada's largest cooperative financial group. Strong member-pricing model + Quebec-first service.

Desjardins prepayment privileges

Standard Desjardins closed mortgages allow 15% / 15% annual prepayment privileges (lump-sum percentage of original principal / payment-increase percentage). Use these to pay your mortgage down faster without triggering a penalty. Run the math in our prepayment savings calculator.

Signature products + programs

  • Acceleweb — online application + e-signing for routine purchases
  • Versatile Line of Credit — Desjardins' readvanceable product
  • Member dividend — annual rebate to members based on lifetime banking activity
  • Quebec notary-aware closing process

What brokers tell their clients about Desjardins

Provincially regulated (not federally), so doesn't have to follow OSFI's 5.25% qualifying floor — can sometimes qualify borderline files Big-5 banks decline.

How this calculator works

The math uses Canadian semi-annual compounding (Bank Act convention) — converting the nominal annual rate to an equivalent per-period rate. Output stays consistent whether you choose monthly, bi-weekly, accelerated bi-weekly, or weekly. Run a side-by-side variable scenario in our fixed vs variable calculator, or test what happens if you break the mortgage early in our break penalty calculator.

Renewing or refinancing with Desjardins?

Your renewal letter typically arrives 4-6 months before maturity. Most borrowers accept whatever rate is offered — but Desjardins discounts hard when challenged. See what to do 90 days before renewal and run the math in our renewal comparison calculator.

Other Canadian lender calculators

Compare side-by-side with other major Canadian lenders:

Bottom line

Desjardins is one of several major Canadian mortgage lenders Mortgage360 tracks on the live rates board. The calculator above lets you stress-test your scenario at a representative Desjardins rate. For your real quote, call Desjardins directly or work with a broker who can put your file through multiple lenders simultaneously.