Calculate your loan or line of credit payments
Your Fixed Rate Loan Payment is:
Your Monthly Interest-Only Payment
on a Line of Credit is:
The minimum payment is the accrued interest, service fees and any other charges that apply for that period, including your LoanProtector® insurance premium and taxes, if applicable.
Personal lending products are offered by Royal Bank of Canada and are subject to credit approval.
This calculation is based on the accuracy and completeness of the data you have entered, is for illustrative and general information purposes only, and is not intended to provide specific financial or other advice, and should not be relied upon in that regard. You should speak with your professional accountant or other professional advisors before making a final decision to ensure any strategy meets your overall financial needs and that your personal circumstances have been taken into account.
Royal Bank of Canada does not make any express or implied warranties or representations with respect to any information or results in connection with the calculator. Royal Bank of Canada will not be liable for any losses or damages arising from any errors or omissions in any information or results, or any action or decision made by you in reliance on any information or results.
LoanProtector insurance coverage is governed by the terms and conditions of two creditor's group policies, #G28444 for life insurance and #H28445 for disability insurance issued to Royal Bank of Canada by The Canada Life Assurance Company.