Financial Calculators

RESP 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.

Education savings with Canada Education Savings Grants (CESG).

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

RESP Details

years
$

Contribute $2,500/year to maximize the annual $500 CESG grant

%
The Canada Education Savings Grant (CESG) adds 20% on the first $2,500 you contribute each year: that's up to $500/year free from the government, with a lifetime max of $7,200.

Education Savings by Age 18

Total at Age 18

$70,607

 

Free CESG Grants

$7,200

 

Your Contributions

$37,500

 

Investment Growth

$25,907

 

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  • Contributions + CESG
  • Balance

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