Mrs. Babita Kaushik invested ₹93,750 at an annual compound inte... | Filo
Mrs. Babita Kaushik invested ₹93,750 at an annual compound in…
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Most people think paying a 20% down payment is smart to avoid CMHC insurance but it’s not always the best move. Buy a $500K house with just 5% down ($25K) and invest the extra $75K in your TFSA. Over 25 years, that $75K can grow to $1.2M–$2M tax-free! So instead of saving $100K in interest, you could end up with a house $2M cash. | Kaushik Patel
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