Income Builder GIC Calculator

* Required Information

Investment Details

* What are you trying to determine?
* Payment Amount:	$
Start of help section Help Close Enter the desired payment amount you would like to receive. Next, you will be asked how often you would like to receive this payment. End of help section Close
* Payment Frequency:
* Term: (in years)
Start of help section Help Close A GIC will often provide higher returns the longer it is invested. End of help section Close
* Initial Deposit: (min. $5000)	$
How much of the deposit should remain at maturity?	$
Start of help section Help Close If you would like to have a portion of your initial investment remaining at the end of the term, enter this amount here. The calculator will then determine the payment amounts you will receive. For example: If your initial investment is $50,000 and you would like to keep $10,000 at the end of your term, enter 10000. In this scenario, you will receive 80% of the initial investment as payments throughout the term. If you would like to use all of your initial investment as payments, enter 0. You can keep up to 90% of your initial investment until the end of your term. End of help section Close
Current Interest Rate:	%

You are on: Income Summary

Based on the details you provided, your term will be:

1 year

Based on the details you provided, your payment amount will be:

Based on the details you provided, you may want to invest:

*Payment amount adjusted to reflect term amount

You are on: Payment Details

#	Payment Date	Payment Amount	Interest	Principal	Balance

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