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vs Mortgage Calculator
Click the above link to open the calculator in a new window.
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. Although we
use the term "mortgage", the calculator also works for regular
loans.
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.
Printing
the Calculator Results
See new
print function - prints with no ads, headers, etc.
Tip: Unless your RRSP
returns are going to be consistently
higher than the rate on your mortgage or other loan, it is better to pay down your
debt.
Check out our other calculators .
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page
from your website.
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