RRSP loan calculator

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Your loan details:


Your RRSP details:

Yes, you may want to take out an RRSP loan
If you borrow $10,000 to contribute to your RRSP, at the end of 10 years:
Total cost of the loan with interest: $10,604.00
Total RRSP investment: $10,500.00
Additional RRSP savings: $104.00

Your next steps:

The power of RRSPs

Learn more about how you can take advantage of the benefits of RRSPs to save for your retirement.

Registered retirement savings plan (RRSP)

The best strategy for you

Other helpful RRSP calculators to consider:

RRSP calculator
RRSP vs. Mortgage calculator

Get RRSP advice

Make an RRSP a key part of your retirement plan. Talk to your advisor about building an RRSP that fits your needs.

Speak with an advisor

Talk to an advisor about the best strategy for your RRSPs

An advisor can help you put together a retirement savings plan that is right for your needs.