Make it a dream come true. Turn your dreams into reality with a Canadian Northern Bank personal loan. It has flexible interest rates and terms to help make it happen.
Choose the loan that’s right for you.
Fixed interest rate.
Gives you the certainty of an interest rate that doesn’t change. Know exactly how much you need to pay every month.
Variable interest rate.
The interest rate moves with the market, giving you an opportunity to benefit from a potential rate decrease.
Renovation loan with 1% rebate.
If you’re taking out a loan to renovate, the Canadian Northern Bank renovation loan offers a 1% rebate on the fixed or variable interest rate.
What you should know.
Start with $3,500.
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Minimum loan: $3,500
Choose your interest rate.
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Interest rates can be fixed or variable.
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The interest rate varies according to the loan amount and the amortization period.
Pick from the available terms.
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1 year to 10 years.
Easy repayment.
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Fixed monthly payments: principal and interest.
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Pay back the loan early without penalty.
Helpful tips and resources.
This financing product may be right for you if:
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You need funds for a specific project at a specific time and don’t plan to need any extra funds.
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You want better control over your monthly cash flow.
This financing product might not be suited for you if:
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You need a loan for RRSP funding or tuition payments.
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You’d rather have access to extra funds any time and want to avoid applying for credit regularly.