Smith Manoeuvre Calculator
Estimate the long-term impact of converting non-deductible mortgage debt into tax-deductible investment debt using the Smith Manoeuvre strategy (also searched as Smith Maneuver, Smith Manuever, or Smith Manoever).
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Strategy result
Gain from strategy
$640,038
Net worth (with strategy)
$1,140,040
Net worth (no strategy)
$500,000
Investment portfolio
$1,140,040
Mortgage balance
$0
HELOC balance
$500,000
HELOC interest paid
$314,308
Est. tax savings
$125,723
Frequently asked questions
Is Smith Maneuver the same as Smith Manoeuvre?
Yes. Smith Maneuver, Smith Manuever, and Smith Manoever are all common spelling variations of Smith Manoeuvre.