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Free Rental Strategy Calculator

Smith Manoeuvre + Cash Damming Calculator

Own rental properties? See how combining the Smith Manoeuvre with cash damming could put your equity and rental cash flow to work — converting non-deductible debt into a tax-deductible investment loan. Answer a few quick questions for an instant estimate. No obligation, and it takes under a minute.

Smith Manoeuvre + Cash Damming Calculator

Answer a few quick questions about your primary residence — and your rental properties, if you have any.

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Residence
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Rentals
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Contact
Primary Residence & Income
$
Please enter your home's estimated value.
This is the non-deductible debt cash damming pays down faster.
$
Enter 0 if your home is mortgage-free.
Used to calculate your payoff timeline.
%
Please enter your mortgage's interest rate.
How many years left on your current mortgage.
yrs
Please enter your remaining amortization in years.
  Please select your province.
Used to estimate your marginal tax rate. Please select your household income range.
Rental Properties
Where Should We Send Your Results?
Please enter your first name.
Please enter your last name.
Please enter a valid 10-digit phone number.
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Your Personalized Estimate

Based on the numbers you entered, here's how the Smith Manoeuvre and cash damming could work together across your primary residence and your rental properties.

Combined Home + Rental Equity (Today)
$0
Combined estimated value of your home and any rental properties, minus what's still owed on them.
Equity You Could Access Now (Refinance to 80% LTV)
$0
A common ceiling lenders use for HELOCs and readvanceable mortgages against your home and rental properties.
Extra Non-Deductible Debt Paid Down Per Year
$0
Your combined rental cash flow, redirected to accelerate paydown of your primary residence mortgage — the core of cash damming.
New Tax-Deductible Investment Loan Created (Year 1)
$0
Equity accessible now, plus the first year of cash damming paydown (if you have rentals), re-advanced under the Smith Manoeuvre into an investment loan.
Estimated Annual Tax Savings
$0
Illustrative estimate if that investment loan were deployed at your marginal tax rate and an assumed 5.65% borrowing rate.
Years to Pay Off Your Non-Deductible Mortgage
0 years
Based on your current rate and amortization, plus your rental cash flow redirected on top.
Projected Net Worth Increase (10 Years)
$0
Combines the extra home equity from faster paydown, projected growth on your re-advanced investment loan at an assumed 6% annual return, and 10 years of banked tax savings. Markets fluctuate — this is illustrative, not a guarantee.

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These figures are illustrative estimates only, generated for educational purposes based on the information you provided. They do not constitute a mortgage approval, financial advice, tax advice, or investment advice. Actual amounts depend on lender criteria, appraised value, underwriting, documented use of borrowed funds, and your individual financial and tax situation. Speak with a licensed Wise Equity advisor before making any financial decisions. Wise Equity Inc. — Lic #M19002342, FSRAO Brokerage #13463.

How these two strategies work together

The Smith Manoeuvre converts the equity in a home into a tax-deductible investment loan, one re-advance at a time, as your mortgage principal gets paid down. Cash damming uses your rental income to accelerate that paydown — rent covers your non-deductible primary mortgage, while a separate credit facility covers deductible rental expenses. Owning rental properties gives you two sources of leverage at once: the equity available to re-advance, and the cash flow available to accelerate paydown. This calculator is built to show both working together.

Want the full picture first? Read how the Smith Manoeuvre works and how cash damming works on their own pages.

Before you rely on the numbers

Combining these strategies depends on clean separation between rental and personal cash flow, properly documented use of borrowed funds, and lender approval for the refinance amounts shown. Interest is only deductible where the borrowed money is used to earn income, and the rules are specific to your situation. This calculator does not assess suitability — that takes a real look at your properties, your existing debt, and your tax position.

Frequently Asked Questions

If you own rental property, you have two sources of leverage: the equity in the properties themselves, and the cash flow they generate. Cash damming puts the cash flow to work paying down non-deductible debt faster; the Smith Manoeuvre puts the resulting equity to work as a tax-deductible investment loan. Used together, each one accelerates the other.
No. This works whether you own zero, one, or several rental properties. Without any, you'll get a standard Smith Manoeuvre estimate based on your home equity alone. Add your rentals if you have them, and cash damming layers on top to accelerate things further.
They're an illustration based on the figures you enter, not an assessment or an offer of credit. Your actual numbers depend on lender qualification, a current appraisal of your properties, your credit profile, and how the strategy is structured.
A Wise Equity advisor will follow up personally to walk through your results. You can also skip ahead and book a call directly using the button above.
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