Saskatchewan mortgage rates & closing costs
Mortgage rates in Saskatchewan are the same national rates offered everywhere — a lender’s five-year fixed in Regina is the same as in Toronto. On closing, Saskatchewan is a low-cost province: it charges no land transfer tax, only a title registration fee of roughly 0.4% of value. Here are the verified national offers and what that fee actually comes to.
Mortgage rates are national, not provincial
No Canadian lender quotes a different rate in Saskatchewan than it does anywhere else in the country — a five-year fixed in Saskatchewan is the same number it offers nationwide. So the verified offers below apply to Saskatchewan buyers exactly as they do across Canada. What genuinely changes by province is the cost of closing — above all, the registration fee.
Verified national mortgage rates
Verified at the source · July 30, 2026| Lender | Product | Rate | Type | |
|---|---|---|---|---|
| Nesto | 5-yr fixed · insured | 4.09% | special | source |
| DUCA | 5-yr fixed · insured high-ratio | 4.14% | special | source |
| First National | 5-yr fixed · insured · conventional 4.84 | 4.49% | posted | source |
| Tangerine | 5-yr fixed | 4.49% | special | source |
| TD | 5-yr fixed | 4.84% | special | source |
| BMO | 5-yr fixed · Smart Fixed — no full payout for 5 yrs except sale; insured 4.74 | 4.84% | special | source |
| National Bank | 5-yr fixed · high-ratio 4.69 | 4.84% | special | source |
| RBC | 5-yr fixed · high-ratio 4.59 | 4.89% | special | source |
| CIBC | 5-yr fixed · high-ratio 4.64 | 4.94% | special | source |
| Scotiabank | 5-yr fixed · specials not published | 6.09% | posted | source |
| Nesto | 3-yr fixed · insured | 4.14% | special | source |
| DUCA | 3-yr fixed · insured high-ratio | 4.24% | special | source |
| Tangerine | 3-yr fixed | 4.44% | special | source |
| BMO | 3-yr fixed · amortization ≤25y | 4.64% | special | source |
| TD | 3-yr fixed | 4.69% | special | source |
| National Bank | 3-yr fixed | 4.69% | special | source |
| CIBC | 3-yr fixed | 4.74% | special | source |
| RBC | 3-yr fixed | 4.74% | special | source |
| First National | 3-yr fixed | 4.94% | posted | source |
| Scotiabank | 3-yr fixed | 5.95% | posted | source |
| Nesto | 5-yr variable · insured | 3.40% | special | source |
| RBC | 5-yr variable · prime − 0.50 · high-ratio 3.65 | 3.95% | special | source |
| Tangerine | 5-yr variable | 4.00% | special | source |
| BMO | 5-yr variable · amortization ≤25y | 4.10% | special | source |
| CIBC | 5-yr variable · high-ratio flex 3.95 | 4.10% | special | source |
| National Bank | 5-yr variable | 4.10% | special | source |
| First National | 5-yr variable · prime − 0.26 · insured 3.70 | 4.19% | posted | source |
| TD | 5-yr variable · TD prime − 0.36 | 4.24% | special | source |
| Scotiabank | 5-yr variable · Flex Value | 4.90% | posted | source |
These are national offers — the same rates apply to Saskatchewan buyers. Advertised special-offer rates for standard residential mortgages, read at each lender's own page. Insured (high-ratio) pricing is typically lower than uninsured; many lenders only advertise one. Brokers and smaller lenders frequently beat every rate in this table.
Closing costs in Saskatchewan
Verified · June 12, 2026Saskatchewan charges no land transfer tax. Buyers instead pay a title registration fee of about 0.4% of the property’s value (under the April 2026 schedule), with no fee on values of $500 or less and a flat $25 up to $6,300.
Because the fee is roughly 0.4% rather than a graduated tax climbing past 2%, Saskatchewan stays inexpensive to close compared with Ontario, BC or Manitoba. The examples below show the fee at three price points.
| Purchase price | Total registration fee |
|---|---|
| $500,000 | $2,000 |
| $800,000 | $3,200 |
| $1,000,000 | $4,000 |
These are computed registration fees, not a percentage transfer tax — which is why Saskatchewan stays inexpensive to close. For an exact figure on your own price — including first-time-buyer relief — use the land transfer tax calculator.
First-time buyer help
Saskatchewan has no land transfer tax, so there is no first-time-buyer land transfer tax rebate. The title registration fee is the same for every buyer.
Good to know
- The title registration fee is roughly 0.4% of value — far below the graduated transfer taxes in provinces like Ontario and BC.
- CMHC pegs total closing costs at roughly 1.5%–4% of the purchase price; Saskatchewan buyers usually land at the lower end.
- The fee schedule shown reflects the April 2026 update.
- Budget for legal fees, title insurance and an inspection alongside the registration fee.
Run the numbers for Saskatchewan
Rates are national; your closing cost is local. Calculate exactly what you'll pay.
Frequently asked questions
Are mortgage rates different in Saskatchewan?
No. Canadian mortgage rates are national — lenders quote the same five-year fixed or variable rate in Saskatchewan as anywhere else. The verified offers above apply to Saskatchewan buyers exactly as they do across the country. What differs is closing cost: Saskatchewan charges no land transfer tax.
Does Saskatchewan have a land transfer tax?
No. Saskatchewan charges a title registration fee of about 0.4% of the property value instead, with no fee on values of $500 or less and a flat $25 up to $6,300. On an $800,000 home the fee is roughly $3,200 — well below the transfer taxes charged in Ontario or BC. The April 2026 schedule applies.
Do first-time buyers get relief in Saskatchewan?
There is no first-time-buyer rebate because there is no land transfer tax to rebate. The title registration fee is the same modest amount for every buyer, keeping Saskatchewan among the cheaper provinces to close on a home.
What are the main closing costs in Saskatchewan?
With no land transfer tax, the largest closing costs are usually legal fees, title insurance, a home inspection and the title registration fee of about 0.4% of value. CMHC pegs total closing costs at roughly 1.5% to 4% of the purchase price, and Saskatchewan buyers typically sit at the low end.
Educational content, not financial advice or a rate guarantee. Mortgage rates are national; lender specials were read at each lender's own page on the stamped date and change without notice. Land transfer tax brackets, rates and rebates verified June 12, 2026 at official government sources and computed by RetireSmarter's land-transfer-tax engine — always confirm your exact figure with your lawyer or the relevant authority before closing.