CASH LOAN:      14% annualized interest

                         First year interest paid upfront

                         Monthly interest paid after 1st year

 

REG LOAN:         10% annualized interest

                          First year interest paid upfront

                          Interest paid annually after1st year

                          Eligible: Cash, RRSP, TFSA, LIRA, RESP,

 

MAXIMIZER:         Cash loan + TFSA loan of equal value

                          Cash loan 5%interest/TFSA loan19% interest                         

                          Frist year interest paid upfront

                          Cash: monthly interest payments after1st year                                TFSA: annual interest payments after1st year                                  Eligible: Cash and TFSA only