RRSP vs. Mortgage calculator

Your money:


Your mortgage details:


Your RRSP details:


You may be better off putting your money towards:

  RRSP savings
If you put X towards paying off your mortgage first and then put your current mortgage payment into your RRSP: $36,739.88
If you put X into your RRSP: $29,898.65
Your savings difference: $6,841.23

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 loan calculator

Get RRSP advice

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

Speak with an advisor today

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 you.