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fin-calcs 📈
borrow-to-invest
mortgage
compound-interest
rent-vs-buy
smith-manoeuvre
home
calculators
smith-manoeuvre
The Smith Manoeuvre
(a.k.a. Mortgage Conversion)
...
Mortgage Amount
$
Mortgage Interest
%
Monthly Mortgage Payment
$
Mortgage Amortization (Years)
25
HELOC Interest
%
Capitalize
Investment Return (APY)
%
Marginal Tax Rate
%
SM Net Worth
$1,140,410
SM Advantage
$640,062
Investment Value
$1,140,410
Mortgage Balance
$0
HELOC Balance
$500,345
HELOC Interest
$314,329
Table
Formula