Borrowing to contirbute to your RRSP gets more money growing tax-deferred right away. Then, when you file your taxes, you can deduct that bigger RRSP contribution and use any tax refund you get to make your first loan payment.
Use the loan calculator to help you estimate your monthly payments with different loan amounts, interest rates, terms and payment frequencies.
Borrow a specific amount, all at once, with a schedule to keep repayments on track.View details
Access money whenever you need it, and only pay interest on what you borrow.View details
Our knowledgeable advisors can guide you through life’s big and small financial decisions — and their services are completely free of charge for our members.