Chart 4: Borrowers with variable-rate, fixed-payment mortgages have repaid more principal than expected https://www.bankofcanada.ca/?p=246630 x Observed share Simulated share -10.000.010.00 -9.000.010.00 -8.000.020.00 -7.000.020.00 -6.000.020.00 -5.000.020.03 -4.000.090.93 -3.000.632.28 -2.001.186.53 -1.001.9410.38 0.002.709.60 1.004.729.31 2.009.8612.57 3.0011.3011.88 4.009.878.78 5.007.305.67 6.005.643.95 7.004.422.74 8.003.382.18 9.002.761.75 10.002.181.24 11.001.981.01 12.001.690.85 13.001.570.73 14.001.500.60 15.001.280.52 16.001.150.49 17.001.100.45 18.000.940.37 19.000.840.34 20.000.790.29 21.000.750.30 22.000.740.24 23.000.780.25 24.000.770.22 25.000.710.22 26.000.630.20 27.000.570.17 28.000.540.16 29.000.480.14 30.000.450.14 31.000.450.13 32.000.420.12 33.000.430.12 34.000.420.11 35.000.380.10 36.000.360.09 37.000.340.08 38.000.330.09 39.000.300.07 40.000.290.08 41.000.310.08 42.000.300.05 43.000.290.07 44.000.300.06 45.000.310.06 46.000.300.04 47.000.270.05 48.000.260.05 49.000.250.05 50.000.230.05 51.000.220.04 52.000.210.04 53.000.200.04 54.000.190.05 55.000.180.04 56.000.180.04 57.000.170.04 58.000.160.03 59.000.150.03 60.000.160.03 61.000.140.04 62.000.130.02 63.000.140.03 64.000.140.03 65.000.150.02 66.000.160.02 67.000.140.03 68.000.130.02 69.000.130.02 70.000.130.02