mortgage (3)

Calculator Tools - Check The Math

PEAK Disclosure - Click to Check

 

https://improvingfutures.ning.com/blog/peak-dealership-representative-disclosure

 

Many of our Portfolio Partners have calculators on their website. We have some on ours as well that you can check out at http://www.timothyross.com , click on Advisor Tools

“The difference between the poet and the mathematician is that the poet tries to get his head into the heavens while the mathematician tries to get the heavens into his head.” ― G.K. Chesterton

https://www.mackenzieinvestments.com/en/investor-education/investor-tools

RETIREMENT PLANNING

RRSP Calculator
Calculate how much you will need to save between now and the day you retire.

RRSP Illustrator
Get a personalized assessment of the tax benefits you gain by investing in your RRSP.

RRSP Loan Planner
Find out how an RRSP loan could help boost your income at retirement.

RIF/LIF Illustrator
Find out how much income your Registered Savings plan will generate in retirement.

Registered/Non-Registered Comparison
Weigh the benefits of registered versus non-registered growth.

 INVESTMENT & SAVINGS

Advantage of Early Investing
Learn the importance of investing early and on a regular basis.

Investment & Regular Deposit
See how your one time investment or regular deposit program will grow over the years.

Investment & Regular Withdrawal
Calculate the regular income stream generated by your non-registered investment.

RESP 

RESP Calculator
Discover how much your money can grow in an RESP and how much you will need to save for your children's education.

MORGAGE & LENDING

Mortgage Qualifier
Use this calculator to find out how much you could qualify for and what your monthly payments would be.

Mortgage and Loan Amortization Scheduler
This easy to use tool provides a detailed payment schedule for your mortgage or loan.

Debt Consolidator
This calculator can show you how much you might save by consolidating your debt at a lower interest rate.

PERSONAL FINANCE

Household Cash Flow Statement
The first step in building a wise financial plan is determining your family's income and expenses.

Net Worth Statement
Complete your personal financial picture by pinpointing your personal assets and liabilities. 

 

BUYING A HOUSE or PROPERTY, this is a pretty good calculator, it covers a lot of math that will become part of the processing of getting a home or rental. 

https://www.ratehub.ca/mortgage-payment-calculator

 

“Solving a problem for which you know there’s an answer is like climbing a mountain with a guide, along a trail someone else has laid. In mathematics, the truth is somewhere out there in a place no one knows, beyond all the beaten paths. And it’s not always at the top of the mountain. It might be in a crack on the smoothest cliff or somewhere deep in the valley.” ― Yoko Ogawa, The Housekeeper and the Professor

Looks like this would be an interesting read https://www.goodreads.com/book/show/3181564-the-housekeeper-and-the-professor

Read more…

Mortgage Rate Perspectives

 

PEAK Disclosure- pull up a table

I picked up a few used books that caught my eye in September when I was returning home from picking up a load of patio stones at our friend Dave’s. I was winding my way through the roads in Brockville and came across this garage sale that had moved up to free status , near the end of the day. Got a lot of stuff , and this morning I pulled these books out to take to the office for review. 

 

The first was The Devil’s Blade is Dull by Randy Tunney, from Athens, Ontario, Canada. A story of his life prior to being a prisoner in a Canadian penitentiary. The book was published in 2008. Looks interesting, his and his wife’s ministry at the time is Athens Gospel Mission. The website listed was www.free2live.org but that site does not represent this ministry now. Will have to do some research to see what’s happening now. 

 

Now the mortgage part of this is the little book from the Real Estate Association, written in 1984 , 25 years ago. 

The key take away here, it only went to 8% and the main tables topped out at 25% , that was the rates of the time.

 3689502447?profile=RESIZE_710x

Read more…