List all loans

Add all of your current loans and any planned future loans.

You can add loans made from any lender ('Other'), to yourself, your spouse, both of you, or your CCPC as the borrower. You, your spouse or your CCPC can also be entered as the lender to any of these borrowers.

Select the loan type from the dropdown.

You can add Term loans (Open or Closed with Fixed or Variable rates), Investment loans, Lines of Credit, and Credit Cards.

You can also add a spousal loan to fund the investment account of a spouse. Add the ACCOUNT first.

To make a Term loan readvanceable, first add the term loan, then add a Line of Credit. You will be able to link the LOC to the term loan.
You will also be able to link the LOC to an investment account to set up the Smith maneuver.

If you have entered a Whole or Universal life policy in LIFE INSURANCE, you can enter a loan in LOANS, and select the insurance policy as collateral. You should only enter such loans that are obtained from a separate institution rather than through your policy. Usually, these loans are interest-only LOCs, but you can choose any type of loan. The borrower should match whomever owns the policy (yourself, your spouse, jointly held, or your CCPC).

For term loans, you can view a summarized amortization table for the remaining payments on the loan (if they exist).

There are additional help pages for any type of loan entered.