B2B bank provides its customers the opportunity to use financial calculators to appraise the future benefits and costs of using the bank's products and services, for example:
Loan & Investment Calculators
- Investment Loan Calculator: Estimate loan amounts or periodic payments—choose between Principal & Interest or interest-only scenarios.
- RSP/TFSA Loan Calculator: Model repayment on registered savings or TFSA loans, including deferred-payment options for flexible planning.
- Investment Loan Excess Collateral Calculator: Assess the surplus collateral on an investment loan to monitor risk and collateral coverage.
Mortgage & Prepayment Tools
- Mortgage Loan Calculator: Calculate monthly payments or estimate loan amounts based on interest rate and term variations.
- Mortgage Prepayment Penalty Calculator: Estimate potential penalties when repaying small or large mortgage amounts ahead of schedule.
Savings & Debt Analysis Tools
- Saving for the Future Calculator: Define how much to save to reach future financial goals through scenario-based projections.
- Net Worth & TDSR Calculator: Gauge your client’s net worth and Total Debt Service Ratio—critical elements for qualifying under certain lending programs.
Margin & Redemption Calculators
- Margin Warning/Call Calculator: Determine at which point your client’s collateral may trigger a margin warning or call on investment loans.
- Net Redemption Calculators: Estimate the net proceeds from redemptions after fees and withholding taxes—available for individual and group accounts.
You can use B2B bank financial calculators at the link.