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Financial Information 		RRSP vs Mortgage

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Calculators > RRSP vs mortgage calculator

 

RRSP vs mortgage calculator

Are you trying to decide whether to increase your monthly mortgage payment, or contribute the extra monthly amount to an RRSP?  Let our RRSP vs mortgage calculator help you make the decision.

See our article "Are you better off to  pay down your mortgage, or contribute to an RRSP?"

The effective date of tax rates and credits used is stated in the calculator.

Tip:  Unless your RRSP returns are consistently higher than the rate on your mortgage, it is better to pay down your mortgage.

Check out our other calculators.

 

Revised: January 28, 2012

 

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