Outstanding Loan Amount:
$
Annual Interest Rate:
%
Amortization Period in Years:
Extra Monthly Payment:
$
Return on RRSP Investment(suggested return is 2.5%):
%
Annual Income:
Income Ranges
$0.00 - $40,726.00
$40,726.01 - $81,452.00
$81,452.01 - $126,264.00
$126,264.00+
Province of Residence:
Alberta
British Columbia
Manitoba
New Brunswick
Newfoundland
Nova Scotia
Nunavut
NW Territories
Ontario
Prince Edward Island
Quebec
Saskatchewan
Yukon
Results
Your student loan will be paid off
months ahead of time.
The total money you will save from interest charges with this extra monthly payment:
$
Total return from RRSP:
$
Suggestions: