Financial Calculators

GIC Calculator

Free Canadian financial calculators built for Canadian tax rules, contribution limits, and rates, covering mortgages, TFSA & RRSP growth, RESP with CESG, GIC compounding, RRIF withdrawals, HELOC, and debt repayment. No sign-up required.

GIC maturity value, interest earned, and effective yield.

Utility calculators

Quick-answer tools for specific numbers — mortgages, registered accounts, savings, and debt

GIC Details

$
%
years
Most Canadian GICs compound annually or semi-annually. Non-redeemable GICs typically offer higher rates in exchange for locking in your funds.

GIC Returns

Maturity Value

$28,529

 

Interest Earned

$3,529

 

Effective Annual Yield

4.50%

 

Total Return

14.12%

 

123$0$7.5K$15.0K$22.5K$30.0K
  • Balance
End of Year 1$26,125 (+$1,125)
End of Year 2$27,301 (+$2,301)
End of Year 3$28,529 (+$3,529)

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