Free Canadian financial calculators.
WealthLyra offers free Canadian financial calculators for savings, mortgages, education, retirement and investment tax. Explore your options with clear assumptions and Canadian rules. Your inputs stay in your browser.
About WealthLyra · Sources & calculation methods · How we protect your inputs
Browse calculators by type
Savings & major goals
Grow savings, compare accounts, fund education and plan a home
Vehicle Lease vs Loan
Compare payments, cash due and cost after vehicle value. Include trade-in debt, extra payments, running costs, kilometre charges and a lease buyout.
Salary & Take-Home Pay
Calculate pay after tax in every province and territory, or find the gross salary you need. Includes age, CPP/QPP, EI and employer retirement contributions.
First Home Savings Planner
Plan your down payment with FHSA and TFSA savings, optional RRSP withdrawals, monthly savings targets and HBP repayments.
Compound Growth Calculator
Compare deterministic return scenarios, contribution timing, daily contribution schedules, and contribution frequencies.
Mortgage Calculator
Canadian mortgage calculator using the common fixed-rate semi-annual compounding convention, plus accelerated schedules and prepayment scenarios.
RRSP vs TFSA Calculator
Compares after-tax outcomes using your marginal tax rate today vs. retirement, refund reinvestment, and 2026 contribution-room planning estimates.
RESP & CESG Calculator
Calculate CESG year by year using actual annual contributions, carry-forward room, 2026 additional CESG and lifetime limits.
Tax & cash resilience
Estimate investment tax and strengthen your financial buffer
Capital Gains & Investment Tax
Estimate 2026 tax on capital gains, losses, Canadian dividends, property dispositions and qualifying business sales.
Emergency Fund Calculator
Build a cash-resilience target around your actual essentials, household income, benefits, employment stability, dependants, housing and debt payments.
Retirement benefits
Compare CPP and OAS timing, income thresholds and recovery tax
CPP & OAS Timing
Compare two start dates month by month, including permanent CPP/OAS adjustments, OAS recovery tax, the age-75 increase and cumulative break-even ages.
OAS Clawback Calculator
Estimate the 15% OAS recovery tax using the correct income-year threshold, benefit cap, return adjustments and following July–June payment period.
Frequently Asked Questions on Canadian Financial Modeling
Why do Canadian mortgage calculations differ from American tools?
Section 6 of the federal Interest Act requires a mortgage with blended principal-and-interest payments to state its rate calculated yearly or half-yearly, not in advance. Canadian lenders commonly quote fixed-rate mortgages with semi-annual compounding. WealthLyra models that common fixed-rate convention; always confirm the compounding method in your lender disclosure.
Do I need to sign up, and are my inputs uploaded?
No signup or bank connection is required. All calculations run in your browser without external API calls. We don’t upload or save your financial inputs. Local preferences and hosting request data are explained in our privacy policy.