Financial Calculators
Financial calculators can help you transform financial concepts from hypothetical ideas into practical realities. We are compiling a library of calculators to assist you in charting your path to financial success. Feel free to use them as needed, and check back often for updates as we continuously expand our collection!
Compound Interest Calculator
Use this calculator to determine the future value of your investment.
Please note that tax implications are not considered in this calculation.
Mortgage Calculator
Use this calculator to determine your monthly mortgage payment amount.
Loan Calculator
Use this calculator to determine your monthly loan payment amount.
Mortgage Amortization Calculator
Use this calculator to generate a detailed schedule of payments over the life of the loan. This helps borrowers see how each payment is split between interest and principal, understand the total interest paid over time, and identify the impact of extra payments on reducing the loan balance.
Retirement Savings Calculator
Use this Retirement Savings Calculator to help you estimate the growth of your retirement savings over time based on your current age, desired retirement age, annual contributions, and expected rate of return.
Please note that this calculator is for demonstration purposes only and does not account for taxes, specific account types, or ensure that the rate of return you choose is appropriate for your portfolio's asset allocation. For a more comprehensive and personalized analysis, it's important to consult with a financial advisor.
Additional Payment Calculator
Use this calculator to estimate how much you can save by making additional payments on your existing loan.
Net Worth Calculator
Use this calculator to assess your personal net worth—a key indicator used by financial advisors to track and enhance your wealth accumulation over time.
CPP Benefit Estimator
Use this calculator to estimate your potential monthly Canada Pension Plan (CPP) benefits based on your average lifetime earnings, years of contribution, and the age you plan to retire. This tool helps you understand how retiring early or delaying retirement impacts your benefits, with reductions for early retirement and increases for delayed retirement. Please note, the results are approximate and do not account for all factors affecting your actual CPP benefits.
Investment Fee Estimator
This calculator is designed to help you visualize the impact of fees on the growth of your investments over time. By comparing two investments side by side, you can assess how fees affect the final value of your portfolio. While fees are a necessary cost for many investment services, this tool will help you determine whether the benefits of professional advice, portfolio management, or other services justify the long-term costs. Understanding these fees can empower you to make more informed financial decisions and optimize your investment strategy for maximum growth.
Retirement Income Projection Calculator
Use this Retirement Income Calculator to estimate your projected retirement income based on your current savings, desired retirement duration, and expected rates of return and inflation. This tool allows you to input various income sources and savings accounts, adjust assumptions like annual returns and inflation, and choose from different income withdrawal strategies. It’s designed to give you a clearer picture of how your savings could support your retirement goals over time.
Note: This calculator does not account for taxes. For a comprehensive retirement plan, consider consulting a financial advisor.