# Switch Cost Calculator: Modeled Switch Fees

> Modeled cost of switching lenders at a Canadian renewal — dollars, basis points of your balance, and months to break even. Ratellow estimate, not a quote.

Category: Calculator
Last verified: 2026-10-13
Source: https://ratellow.com/mortgages/switch-cost-calculator

## TL;DR
- Ratellow models a typical switch-fee stack at about $833–$3,465 (roughly 6–22 bp of a typical balance). That band is a modeled estimate, not an OSFI or FCAC official figure.
- Discharge/assignment: FCAC unregulated range about $0–$400. Legal/notary/conveyancing: FCAC professional fees about $400–$2,500. Optional lines are user-editable.
- Uninsured straight switch at renewal: no prescribed MQR since 21 November 2024. Guideline B-20 income verification can still apply. Refinance is always tested.