Deposit Calculations

Please also check the useful links below.

These calculations can forecast the future value of a deposit or series of deposits. Other features include present and future value of deposits as well as determining the interest rate earned.

• Projected Value of a Deposit
  Calculate the future value of a deposit such as a term deposit, or registered retirement savings plan (RRSP) over an extended period of time.
  
  
• Projected Value of a Series of Deposits
  Calculate the future value of a series of uniform deposit amounts such as a registered retirement savings plan (RRSP).
  
  
• Deposits Needed for a Future Sum
  Calculate the deposit amount needed to reach a specific future sum such as a home or automobile down payment.

Loan & Mortgage Calculations
Assists in determining the most effective method of repayment of loans including mortgages and allows you to project the effects of lump sum payments and different payment frequencies. It also calculates a full payment history for the life-time of a mortgage.

• Loan Payment Calculation
  Calculate the principal and interest amount required to pay off a loan at a specified interest rate and period of time such as an automobile loan.
  
  
• Effect of Lump Sum Payment on a Loan
  Calculate the savings in interest and time by making a lump sum payment on a loan such as an automobile loan.
  
  
• Mortgage Payment Schedule
  Calculate the payment required to amortize a mortgage loan.

Established in 2006, Grey Owl Wealth Strategies is wholly owned by Dauphin Plains Financial Group, a subsidiary of  Dauphin Plains Credit Union Limited.