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 de la Casa

Pago Inicial

Monto del Préstamo

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

Período de Amortización

2 Costos Mensuales (Quebec averages pre-filled)

Impuesto de Propiedad ((anual)) ~0.85% in QC

Seguro de Casa ((anual))

Cuotas de Condominio (mensual, si aplica)

Incluir Seguro CMHC

Obligatorio si la inicial < 20 %

Pago Mensual Estimado

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Capital e Intereses

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Impuesto de Propiedad

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Seguro de Casa

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Cuotas de Condominio

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Total de Intereses

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Durante el préstamo

Costo Total

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Capital + intereses

Monto Financiado

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Cantidad prestada

Pago Inicial

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Del precio de la casa

Desglose del Pago Mensual

Evolución del Saldo del Préstamo

Comparativa de Tasas

Cómo cambia tu pago según la tasa de interés

Escenario de Tasa	Pago C+I	Total Intereses
Ingresa los datos para ver escenarios

Tabla de Amortización

Desglose mensual completo

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 Promedio de la Vivienda C$440000

Tasa Efectiva del Impuesto a la Propiedad ~0.85%

Impuesto a la Propiedad Anual Prom. C$3740

Seguro Anual Prom. 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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