Free Canadian financial calculators that use this year’s numbers

Semi-annual compounding, CMHC premium, and the equity you build each year.

• Payments and total interest
• CMHC premium by down payment
• Equity build curve

Back-solve the price that clears GDS and TDS at the stress-test rate.

• GDS / TDS back-solve
• Stress test at rate + 2%
• Closing costs by province

Stack FHSA, the Home Buyers’ Plan and cash savings into a dated timeline.

• FHSA + HBP + savings
• Minimum down payment rules
• Months to your goal

Weigh the penalty and fees against the payment you would save.

• IRD vs three-month penalty
• Break-even month
• Cumulative savings curve

The 65% revolving and 80% combined loan-to-value ceilings, applied to your home.

• 65% / 80% LTV rules
• Interest-only vs principal
• Draw scenarios

Take-home pay with federal and provincial tax, CPP, EI, and RRSP impact.

• Every bracket, all 13 regions
• CPP / CPP2 / EI split
• RRSP refund modelling

Build a budget from take-home pay, not gross, with savings-rate targets.

• Tax-aware income
• 50/30/20 comparison
• Surplus and shortfall

Contribution room since 2009, wrapper comparison, and the FHSA deduction.

• Lifetime TFSA room
• RRSP 18% of earned income
• FHSA $8k / $40k caps

$8,000 a year, deducted from income, withdrawn tax-free for a first home.

• $8k per year
• Tax-deductible
• Tax-free withdrawal

Compare a ladder against a single term and a high-interest savings account.

• Five-rung ladder
• After-tax interest
• HISA comparison

What the management expense ratio actually costs you over thirty years.

• MER drag in dollars
• Dividend reinvestment
• TFSA vs taxable

Where your next dollar belongs: FHSA, RRSP, RESP, TFSA or the debt.

• Ranked by dollar value
• Employer match first
• Marginal-rate aware

Payments, total cost, and whether consolidation actually helps.

• Payment and total interest
• Compare two offers
• Consolidation check

A 0% promotion with a transfer fee, against staying where you are.

• Transfer fee break-even
• Post-promo rate shock
• Payoff comparison

Take CPP at 60, 65 or 70 — and find the age where deferring wins.

• 0.6% / 0.7% per month
• Cumulative payout crossover
• Combined with OAS

How much pension the recovery tax takes, and how to smooth income.

• 15% recovery tax
• Threshold headroom
• TFSA substitution

Mandatory minimums from 71 onward, and how long the portfolio lasts.

• Statutory minimum factors
• Tax on each withdrawal
• Portfolio runway

How an RRSP contribution lowers AFNI and raises your child benefit.

• Benefit by AFNI
• RRSP leverage
• Monthly payment estimate

Eighteen years of projections with the $500-a-year federal grant.

• 20% CESG match
• $7,200 lifetime grant
• Grant carry-forward

The DIME method: debt, income replacement, mortgage and education.

• DIME coverage total
• Existing coverage gap
• Term length guidance

Finance, lease or pay cash — with provincial sales tax and real running costs.

• Finance / lease / cash
• Sales tax by province
• Five-year total cost

The 20/4/10 rule turned into a maximum sticker price and a scorecard.

• 20% down, 4 years, 10%
• Maximum price
• New vs used

Double CPP, GST/HST registration, and quarterly instalments.

• 11.9% CPP on both halves
• GST/HST threshold
• Instalment schedule

Small-business rate versus personal rates, and the salary/dividend mix.

• Corporate vs personal
• Salary / dividend split
• Break-even income

How much of every $1,000 invoice belongs to the CRA, not to you.

• Reserve per invoice
• GST/HST held in trust
• Weekly set-aside