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Loans and Credit


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TD Canada Trust RSP Loans and Line of Credit

  On-the-Spot RSP Loan1 CarryForward RSP Loan1 Line of Credit1
Amount:
  • Maximum $21,000
  • minimum $1,000
  • Maximum $50,000
  • Minimum $2,000 for amortizations 2 years or less
  • Minimum $5,000 for amortizations greater than 2 years.
  • Maximum $50,000
  • Minimum $5,000
Term: 1 Year Term 1 to 5 Year Terms N/A
Rate: Call 1-866-222-3456 for competitive rates
Amortization: Maximum 1 Year Amortization Maximum 10 Year Amortization N/A
Features
  • Defer payments for up to 120 days2
  • Blended payments that will repay the full balance in a maximum of 1 year from date of issue must be established at time of application
  • Defer payments for up to 120 days2
  • Blended payments that will repay the full balance in a maximum of 10 years from date of issue must be established at time of application
  • Lock in any unused portion of your Line of Credit with the RSP Fixed Rate Advantage Option*
  • A minimum of $1,000 must be contributed to your RSP
  • All RSP Loan terms and rates apply for the RSP Fixed Rate Advantage Option
Repayment Options Principal & Interest only Principal & Interest only
  • Principal & Interest only on the Fixed Rate Advantage Option
  • Minimum monthly payment on the revolving portion
Eligible RSP Accounts
  • TD Canada Trust DISA or GIC RSP
  • TD Mutual Funds RSP
  • TD Waterhouse Self-Directed RSP

Find out more

Catching up for missed contributions makes sense
Maximizing your RSP contribution every year pays off

Visit the RSP Centre for RSP information, investment choices and tools.