Comments on: The Way Banks Look At You Part 6: Calculating Your Net Worth http://www.thefinancialblogger.com/the-way-banks-look-at-you-part-6-calculating-your-net-worth/ This is where your finance takes place Mon, 08 Sep 2008 06:36:15 +0000 http://wordpress.org/?v=2.6.1 By: The Financial Blogger http://www.thefinancialblogger.com/the-way-banks-look-at-you-part-6-calculating-your-net-worth/#comment-381 The Financial Blogger Tue, 28 Aug 2007 17:49:40 +0000 http://www.thefinancialblogger.com/the-way-banks-look-at-you-part-6-calculating-your-net-worth/#comment-381 FP, The Home buyers repayment is not considered a debt as you still have the choice to not repay the amount withdrawn from your RRSP (and get taxed on it). Further more, this money will be reinvested in funds, which won't affect your net worth in a bad way. Banks don't look at HBP to calculate your TDSR or your Net Worth. FP,
The Home buyers repayment is not considered a debt as you still have the choice to not repay the amount withdrawn from your RRSP (and get taxed on it). Further more, this money will be reinvested in funds, which won’t affect your net worth in a bad way. Banks don’t look at HBP to calculate your TDSR or your Net Worth.

]]> By: FourPillars http://www.thefinancialblogger.com/the-way-banks-look-at-you-part-6-calculating-your-net-worth/#comment-380 FourPillars Tue, 28 Aug 2007 12:33:49 +0000 http://www.thefinancialblogger.com/the-way-banks-look-at-you-part-6-calculating-your-net-worth/#comment-380 That's interesting that banks will give full value to stocks that you own (not counting pennies of course). Would the home buyers repayment count on the debt side? Mike That’s interesting that banks will give full value to stocks that you own (not counting pennies of course).

Would the home buyers repayment count on the debt side?

Mike

]]>