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Who do I contact for my mortgage payout balance?

If you're paying off the mortgage prior to maturity, there may be a prepayment charge. We recommend you visit a TD Canada Trust branch or call 1-800-281-8031.

Generally speaking, when you decide to pay off your closed term mortgage before the end of your agreed-upon term, you will be charged the amount equivalent to the interest rate differential ("IRD") on a similar mortgage or three months interest, whichever is greater. Information about IRD can be found here. Other administration and registration fees may also apply.

Please be advised that you would need to visit any TD Canada Trust branch to obtain a valid Discharge Statement for your mortgage.

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