Hi Team, Can someone help me to understand the mortgage interest calc, please? I can't figure out how the mortgage payment is calculated, Here is what puzzled me. let's say the principal balance is $219,831.72, morgage rate is 3.34% compounded semi-annually. so my calculation is 1. 3.34% equal to ef...
Jul 27th, 2023 10:05 pm
Does anyone of a good site that can calculate the BTU size needed for my house for a Heat Pump. I am looking at replacing my 10 year old and I had 4 guys so far coming into the house and 3 were okay with a 18000BTU and the last guy that came ...
Jun 29th, 2023 7:32 pm
... offer summary of gains / losses for the year making it easier to file the info during tax time. NBDB does not provide this information. How do you calculate Capital Gains and Losses in NBDB? Can someone please advise?
Unique situation as I'm renting to an older family member and my intention is not to maximize my profits. I cover mortgage, taxes, insurance (which includes their contents) and all bills (water/gas/hydro/TV/internet/phone). I'm also paying interest on a HELOC loan which I required for the down payme...
Jan 9th, 2023 8:53 am
... mortgage calculator web site (calculator.net): I find exactly the same number as my calculations on excel. Can anyone explain to me how does RBC calculates its mortgage and interest rate? Do Canadian banks calculate their interest rate differently ? Thanks SH
Jun 22nd, 2022 4:48 pm
It’s not listed anywhere and they don’t like to tell you. Literally took me forever to get this. You can input your own information.
May 7th, 2022 10:55 am
Trying to calculate my total yearly earnings. Last year was a mess due to the pandemic, my job loss, and such. I received EI for what I was covered for some time, and bit of Social Assistance. Finally I found steady work but I ...
Feb 24th, 2022 11:54 am
Example: 1. Let’s say bought 1000 CIBC at $100 (book value or average cost) = $100000 2. Did in-kind 1000 CIBC stock withdrawal from RRIF to non-registered account at $125 (market value) = $125000 3. A year later sold 1000 CIBC at $150 = $150000 Is the capital gains $50000 or $25000? Is the $125 now...
Nov 24th, 2021 8:53 am
How do I calculate how much tax I would owe roughly if I were to withdraw this gic
Oct 19th, 2021 4:57 pm
I am in a position to pay of a mortgage I just blended and extended June 4. I am going to call them tomorrow to see what the penalty will be but was wondering if anyone here would have an idea... 572000.00 left owning at 2.83. 5 years fixed with 4 years 9 months on the term. I am thinking I am able ...
Sep 27th, 2021 12:35 am
I have a shipment that came FedEx International Ground last week for some car floor mats worth about 280USD (~354 CAD). How much would my Fedex bill come to? Anyone know when the bill will arrive? There was a comment on the online tracker: BILL DUTIES/TAXES/FEES TO Recipient BILLING NOTE: The payor ...
Aug 24th, 2021 2:48 am
Hi all, we are newbies and we recently saw a great deal on Amazon.com ... and we purchased them A LOT! It's like 90% of discount! We thought we might be able to make a profit in Canada (no plan yet). The forwarder in USA (which will bring our goods to Canada for a fees) said because of so many units...
Aug 14th, 2021 11:25 pm
1. Baseball Calculators 2. Win Expectancy Finder 3.0. One thing to remember is that MLEs are not a prediction of what the player will do, just a translation of what the major league equivalence of what the player actually did is. This is useful for predictions however, because like, major league sta...
Aug 9th, 2021 10:03 am
The artificial lawn I want costs approx $350 for a 6 foot x 10 piece. My front lawn is approximately 20 feet x 20 feet. How much artificial lawn do I need for my lawn and what's the cost?
Jun 27th, 2021 11:27 am
I'm trying to calculate all the fees in a trade for a buy and sell, from me being in Canada (CA). So this is for buying or selling a CAD stock or a US stock. I have some theories but wanted to check if there are any mistakes. So ...
... the variable rate catch up or cross the 1.99% fixed rate? How soon or how many interest rate increase would it take? I couldn't figure out how to calculate it. If there are increases; in the 5 year term; will I save more with a variable or fixed (in my scenario)? Looking for help to understand ...
Jun 3rd, 2021 11:13 pm
I've never contributed to my RRSP, but my work's pension plan does it for me. My Available contribution room for 2021 according to my Notice of Assessment is ~25,000. If I open up a RRSP at my bank (Tangerine or Scotia), can I deposit 25K into it? or do I need to leave room for my workplace pension ...
May 25th, 2021 3:04 pm
... house maintenance, etc., we have to increase our income by $10,000 more per year before we can afford to buy a house if we use 3.9%. If we calculate based on 1.5%, then our current income is enough. That said, calculating the budget using a much higher rates make sense to me, but, not sure ...
May 7th, 2021 11:35 am
... i think they will sell the place and move back to live with us after several years (5, 10 or so). But if and when that happens how should I calculate and pay capital gains tax? So say the purchase price is 500k. Rented out for TWO years where rent barely covered expenses (mortgage interest ...
Apr 19th, 2021 8:40 pm
What is the formula?
Apr 3rd, 2021 4:56 pm