Fully variable

There is no need to port this product because there is no locked-in rate or penalty.

Linked MasterCard available.

No prepayment penalties. May be repaid any time. As long as account is below the maximum allowable LTV only interest-only payments are required.

$150 fee for LOC increases above the originally set limit.

BC only.

Fixed: 20% of principal can be repaid any time before each anniversary PLUS monthly payments can be increased 25%.

Variable: 20% of principal can be repaid once per year PLUS payments can be increased an unlimited amount subject to a 5-year minimum amortization.

One of the only discounted lines of credit. (On fixed rate Matrix only. Ask for details)

LOC doesn't appear on credit bureau. (Important for preserving one's credit score.)

Excellent conversion rates when converting from a variable to a fixed rate after closing.

Can also be used with rental properties.

Funds can be moved electronically 48 hours after they are transferred into the LOC.

Excellent online portal. Mortgage and LOC payments are automatically deducted from bank account. Can transfer funds online to bank account from LOC.

Re-application may, or may not, be necessary when increasing LOC.  Speak to a mortgage planner or the branch.

Re-advances may be done quarterly (in some cases monthly).

Can register 100% of the property value (to avoid legal fees when increasing the LOC), but the loan amount cannot exceed 80% LTV

Portions at discounted variable rates are fully open after three years.

Offers a fixed payment option on variable portions.

Has a match-a-payment/skip-a-payment feature

100% anytime

Offered only through IG financial consultants.

Based on National Bank's All-in-One.

Includes full tax and wealth management planning.

May be exceptions to Beacon requirement on case-by-case basis

10% of principal can be repaid before each anniversary PLUS monthly payments can be increased 25%

Fully open if no fixed-rate sub account is established.

Not with fixed rate sub account but yes if you only have a variable

Savings and debt are merged in one account. Interest is then calculated daily and is offset by any positive balances, thus saving borrowers interest over time.

25% of the borrower's mortgage must be in the line of credit portion at all times.

Access card provided for purchases or withdraws via ATM

Deposits may be made at any RBC branch or partner ATM

If you don't get a fixed portion you can pay it off at any time with a $170 de-registration fee. There are no interest penalties for pre-paying the LOC but there are if there is a fixed portion.

You can lock in up to 75% of total outstanding balance at any time, at a lower rate and for fixed period.

Ability to skip mortgage payments--up to your allowed credit limit (if your mortgage sits in the line of credit portion).

Legal fees covered.

LOC not reported to credit bureaus.

Excellent conversion rates when converting from a variable to a fixed rate after closing.

Debt ratios up to 44% TDS allowed.

LOC is not open. It has a 5-year term and penalties for early termination.

100% can be repaid at any time without penalty if mortgage held in LOC. Otherwise, 10% can be pre-paid annually plus payments can be doubled up monthly.

Savings and debt are merged in one account. Interest is then calculated daily and is offset by any positive balances, thus saving borrowers interest over time.

$25,000 of the borrower's mortgage must be in the line of credit portion at all times.

Free unlimited electronic banking included with each sub-account.

Outside accounts (like a brokerage account) can automatically debit from a specific AIO account each month.

Customers can use bill-pay with any AIO account.

Customers can automatically transfer funds directly from an AIO sub-account to any outside institution (like a brokerage account) each month. Very useful for automated investing.

Make minimum interest-only payments if desired on the LOC portion.

Each sub-account is a seperate checking account. (Useful for cash flow damming)

Debit card included.

15% of principal can be repaid before each anniversary PLUS monthly payments can be increased 15% PLUS each payment can be doubled-up ("Match-a-payment"). 

Additional pre-payment options may be provided on an exception basis.

Can have 3 fixed or variable components PLUS up to 3 LOC sub-accounts.

Includes Skip-a-payment feature.

$100 minimum LOC re-advance.

Can include a VISA card linked to the mortgage.

Debit card included.

Can choose to lock in different portions at different fixed rates and terms after closing.

Must use TD's lawyers. Appraisal plus legal fees are roughly $500 and up depending on the province.