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Use our nifty financial tools to
calculate the principal and interest amount required to pay off a
loan, calculate the future value of a deposit such as a term
deposit, or calculate the deposit amount needed to reach a specific
future sum.
Savings Calculator
Enter how much you can afford to save each month, how
long you plan to save and an interest rate, and this calculator will
estimate your savings.
Mortgage Calculator
Calculate Canadian and U.S. monthly mortgage payments
based on principal, interest and term. Canadian mortgages are
compounded semi-annually, while U.S. mortgages are compounded
monthly.
Maximum
Mortgage Calculator
Calculate Canadian and U.S. monthly mortgage payments
based on principal, interest and term. Canadian mortgages are
compounded semi-annually, while U.S. mortgages are compounded
monthly.
Currency Converter
This financial tool, developed by the Bank of Canada, will convert
currencies into other currencies. The nominal rate is a wholesale
rate paid by companies for big transactions. The cash rate, is the
retail price paid by individuals who go to the bank for holiday
spending money. The rates are based on Bank of Canada noon exchange
rates which are published at 1 p.m. each day.
Simple Loan Calculator
Find out how much that new car loan or house renovation
will cost each month. Enter values in the fields below to find out
how much your payments would be with a given number of payments,
interest rate and loan rate and loan amount.
Detailed
Loan Calculator
This detailed loan payment simulation will calculate the
principal and interest required to pay off a loan at a specified
interest rate and period of time. For example, it can be used to
determine the payment amount necessary for an automobile loan.
Investment Calculator
The Investment Calculator shows the effects of inflation on
investments and savings. The results shown are intended for
reference only, and do not necessarily reflect results that would be
obtained in actual investment situations.
Reno Calculator
Enter the amount you estimate spending on a renovation and calculate
your expected rate of return on your reno.
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