This is from certain bank based in ON Original Balance:$123,601.31 Outstanding Principal:$115,957.79 Original Amortization:180 Actual Months Remaining:161 Interest Details Interest Rate:2.70% Accrued Interest:$42.89 Maturity Date:26 Mar 2015 Mortgage Term:60 months Mortgage...

I own principal residence since Aug/ 2007 in ON, what's the method to claim CCA? So far I didn't claim it , doesn't CRA will automatically refund return b/c they have our property data in their database? If not, when and how can I claim CCA, does it need to be shown in tax return documents...

Who are Smith Manoeuvre? Are they lenders? On What part of tax deductible is applied? Is that deductible applied over Mortgage Interest? or Property tax will be decreased due to tax deductible calculated over Mortgage Interest? Pls explain by Giving an example by putting some assumed or appx...

Thanks for clarification. But you havn't said or agreed that last example doesn't required iteration. I am stucked up in iteration of another example. Its not converging explain , how can I make it converge ? Buyer Kilpatrick is negotiating a conventional first mortgage for $220,000 on a...

I just read your reply today, but I have figured it out already 2 weeks ago. The only difference is that you have to reminded me about using negative sign on both parts on right side of equation. Tell me why both are negative signs on right side of equation? The formula used to compute loan...

I am as seller, unable to sell my waterfront cottage, will consider an STB for $180,000 at 6% amortized over 25 years. I feel this strategy will make my property more saleable and attract potential buyers. As you know financing through traditional sources is extremely difficult given the...