The Financial Pulse Calculators are a series of calculators users can interact with to help them apply the content they learnt in the Foundations to their own personal situation. From calculating the interest costs of your Line of Credit to a step-by-step budgeting process, the Calculators do the math of financial literacy for you.

Cost of Debt

Debt Characteristics

Repayment Characteristics

Note 1: This calculator assumes all payments occur on the first day of each month.

Note 2: This calculator adds your monthly interest payments into the line of credit’s principal each month. This is an example of compounding interest in action. This leads to an increased annual debt cost when compared to calculating costs based on initial principal alone. Most Canadian banks roll over your monthly interest payments into your Line of Credit’s principal, meaning the annual cost for most Line of Credits is calculated the way we calculate it here.


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Take Home Pay

How Best to Save a One-Time Windfall

Student Loan Consolidation