π¦ Major Canadian Bank Posted Rates
For an accurate Interest Rate Differential (IRD) penalty calculation,
please find the 'posted rate corresponding to your remaining term' from your current lender.
π‘ IRD Calculation Tip: If you have 2 years and 3 months left on your term, you typically round to the nearest year and use the 2-Year posted rate. (Note: Policies may vary by bank).