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RCU Calculators

Calculators - Loan Calculator

This calculator answers key questions about the cost of borrowing, in a variety of ways.

To use this calculator you must leave one box empty. For example, to find out what your payment will be on a loan, enter the loan amount (principal), how long you will take to pay the loan back (the term), the interest rate, and how often you will make repayments. Click calculate to find out what your payments will be. If you are calculating a typical consumer loan, you can leave the "how often the loan compounds" field set at monthly.

Loan Calculator
Loan amount (principal)
Time you will take to repay the loan (the term)
Interest rate
Choose a value from the drop down list or enter one in the text box
How often the loan compounds
How frequently will you make repayments?
Amount of each payment

 

CALCULATEClear

 

RCU Calculators

Calculators - Mortgage Calculator

This calculator answers a variety of mortgage loan questions. To use this calculator you must leave one box empty. For example, to find out what your mortgage payments will be, fill in the interest rate on your mortgage, the amount you are borrowing, and the number of years it will take to pay back the mortgage (the amortization). Click calculate to find out what your monthly payments will be, and the outstanding balance at the end of your term.

You can also use the Mortgage Calculator to see how many years you can slice off your mortgage by using different strategies, such as increasing the size of your payments or paying more frequently.

When interest rates change, the calculator can help you see what that will mean to your monthly payments. This is especially useful when your mortgage is up for renewal and you are trying to decide whether to choose a short or a long term.

Mortgage Calculator
Mortgage Amount
Number of years to pay back mortgage (the amortization)
Mortgage term
Interest rate
Mortgage payment frequency
Amount of each payment
CALCULATE Clear

Calculators_ - Projected Value of a Deposit

Calculate the future value of a deposit such as a term deposit, registered education savings plan (RESP) or registered retirement savings plan (RRSP) over an extended period of time.

    Initial Deposit $
    Compound Periods per Year
    Annual Interest Rate
    Number of

RCU Calculators

 

Calculators - Banking Deposit Future Sum

Here's a quick way to see how your investments will grow.

Enter the amount you have invested, how long you intend to stay invested, and your estimated rate of return. Click calculate to find out how much your investments will be worth at the end of the time specified.

You must fill in all the entry boxes to use this calculator.

 

Amount you have invested
How long will you keep your money invested?
Your estimated annual rate of return  
Calculate

 

YOUR INVESTMENT WILL GROW TO $
RCU Calculators

Calculators - Regular Payments Calculator

If you regularly add to your savings, this calculator will encourage your good habits by showing you how much your investment will be worth in the future. Enter the amount you have invested, how long you will keep this investment, your estimated rate of return, the amount you regularly invest, and how often you make regular investments. Click calculate to find out what your investment will be worth.

You must fill in all the entry boxes to use this calculator.

Regular Payments Calculator
Amount you have invested
How long will you keep your money invested?
Your estimated annual rate of return  
Amount you regularly invest
How often do you add to your investment?
  Calculate
YOUR INVESTMENT WILL GROW TO $

 

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