RRSP loan calculator

Rates of return can vary among different kinds of investments and investment styles. For the purposes of this tool, the suggested range is 2% – 7%^*.

^*For illustration purposes only: your rate of return may vary.

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  The RRSP contribution assumes you will receive a tax refund at the marginal tax rate you selected, and this refund amount will be added to the contribution.
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  The requirement to close or convert your RRSP by the end of the year in which you turn 71 is ignored for the purposes of these calculations.
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  Loan payment/Interest is applied at the end of the year.
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  RRSP contributions are applied at the beginning of the year.
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  RRSP returns are applied at the beginning of the following year.
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  The tax rebate is applied at the beginning of the following year.
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  The results you received from this calculator are for your information only. The figures are not guaranteed, as they are based on assumptions that are certain to change. There is no guarantee of future performance.