Pay off mortgage faster while building wealth or RRSP

Toronto, Ontario Life Insurance & Investment Brokers

Disclosures

Assumptions Made: Several assumptions were made in the calculation of this illustration. Three main assumptions are: Prime Rate: 6%, Conventional Mortgage Rate: 5.69%, Average Rate of Return on Investments: 8%.

Illustration: This is an illustration only. Illustrations are not contracts and are not guaranteed. Fund values will vary and are not guaranteed. The values illustrated will vary from those shown depending upon actual experience with respect to the assumptions made in preparation of this illustration including the amount and timing of contributions, fund returns, loan interest rates, tax deductibility of loan interest payments, taxable fund income and distributions, and income tax requirements.

Liability: The content of the above calculator is provided for informational and educational purposes only and is subject to modification without notice to you. While information included is believed to be reliable and accurate at the time of writing, "Essential Benefits" and it's affiliates does not guarantee, represent or warrant that the information contained within is accurate, complete, reliable, verified or error-free.

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235 Yorkland Boulevard
Suite 1200
Toronto, Ontario
M2J 4Y8 Canada

Please call 416-855-0245 for inquiries.