Tools & Calculators

When it comes to making financial decisions, it’s critical you have the right numbers on which to base them. RBC Bank provides a variety of financial tools and calculators to help you make smart, well-informed choices.

Savings Calculators

What will it take to become a millionaire? How much will my savings be worth? What will it take to save for a vehicle, home, etc.? What will it take to save for a college education? How will taxes and inflation affect my savings?

How much of a difference will the rate make? What's it worth to reduce my spending? How much, at what rate, when? Which is better: cash or payments? How much will my CD be worth at maturity?

Retirement Calculators

How will retirement affect my expenses? Am I saving enough? What can I change? How will this account be used? What will I earn with this account? How advantageous is increasing my savings? Which savings or income source will be the largest? How much can I invest before taxes each year? What if I underestimate my expenses?

What will my income be after I retire? What will my expenses be after I retire? What happens if tax laws change? How much of an effect can inflation have? Which savings should be used first? How much will Social Security provide after retirement? What if Social Security no longer exists?

Home Mortgage Calculators

What is the value of my home? How much can I borrow? How much will my mortgage payments be? How much will my adjustable rate payments be? Which is better: fixed or adjustable? Should I pay points to lower the rate? Which is better: 15- or 30- year loan term? How much should I put down for a new home? How much can I save in taxes? Home Guides Home Buying Mortgage Refinancing

What will my closing costs be? Am I better off renting? Am I better off refinancing? What will my refinancing costs be? How can I reduce mortgage insurance costs? Which lender has the better loan? Which loan is better? How advantageous are extra payments? What home can I afford?

Credit Card Calculators

How important is the interest rate? How will rate changes affect my balance? Is a lower rate worth the annual fee? What will it take to pay off my balance? Credit Card Guide Credit Card Basics

Should I consolidate my debts? Which is better: flight card or low rate card? Which is better: rebate card or low rate card? Should I consolidate my credit cards?