 Jamaica 
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Example Problem One:
David has J$6 500 000 in an Retirement Investments but Debbie only has J$4 125 000 in hers. They have a Investment Account account between the two of them with J$2 500 000. They have some education capital already accumulated, valued at J$1 500 000.
Their house has a current market value of J$27 000 000 , but there was a mortgage taken out against it 2 years ago for J$16 000 000. The loan is to be renewed in three years, currently with an interest rate of 5.75%. Each month they pay J$100 000 towards the loan.
Solution using Summary Assets:
On the Assets and Liabilities screen, the clients’ holdings will only be entered at the summary level. So, from what they told us of their assets:
1. Enter the J$4 125 000 value of Debbie’s Retirement Investments under Debbie’s Retirement Investments
2. Enter the J$6 500 000 value of David’s Retirement Investments under David’s Registered Investments Note: Make sure that you are entering this capital under the “Assets” column, not the “Liabilities” column.
3. Enter the J$2 500 000 value of the joint non-registered holdings under the Non-registered investments account
4. The J$1 500 000 of education capital can be entered under Education Savings
5. Before we enter the information for their personal use investments, we must determine the balance of the mortgage using the Loan Calculator. To save your current work, click Calculate
Click on the Home link on the top menu bar, and access the Loan Calculator from under the Calculators drop-down menu. Enter the data as follows:
1. Enter the J$16 000 000 principal of the loan in the Amount Borrowed field.
2. Enter the Loan Date as two years ago on January 1st.
3. Enter the Renewal Date as the Loan Date plus 5 years, since at the end of the term the interest rate will change.
Note: The Renewal Date does not always signify the end of the loan, but rather when the interest rate is liable to change, or for viewing the balance and interest paid by a particular date.
4. Enter an Interest Rate of 5.75%.
5. Click the drop down menu for the Compounding frequency and choose semi-annual.
6. Click the drop down menu beside Payment Type and choose the Blended payment option.
7. If necessary change the Frequency of Payment to the Monthly option, and the Payment amount to J$100 000
8. Click on the Calculate button next to Amortization Period.
The result should be roughly 25 years.
9. On the right of the calculator, next to the Current balance at field, the current balance of the loan will be listed.
The balance of the mortgage will change depending on when you do the calculation, but should be around J$14 400 000.
1. Use the Home link on the top menu, and return to the Assets & Liabilities page using the navigation panel under Client Data Entry.
2. Enter the current market value of the residence under Personal Use, and the new mortgage value under Personal Use Liabilities.
3. Review the information and then click Calculate.
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 Trinidad and Tobago 
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Example Problem One:
David has TT$500 000 in an Long term investment but Debbie only has TT$300 000 in hers. They have a Open investments account between the two of them with TT$200 000. They have some education capital already accumulated, valued at TT$100 000.
Their house has a current market value of TT$2 000 000 , but there was a mortgage taken out against it 2 years ago for TT$1 225 000. The loan is to be renewed in three years, currently with an interest rate of 5.75%. Each month they pay TT$8 000 towards the loan.
Solution using Summary Assets:
On the Assets and Liabilities screen, the clients’ holdings will only be entered at the summary level. So, from what they told us of their assets:
1. Enter the TT$300 000 value of Debbie’s Long term investment under Debbie’s Long term investment
2. Enter the TT$500 000 value of David’s Long term investment under David’s Registered Investments Note: Make sure that you are entering this capital under the “Assets” column, not the “Liabilities” column.
3. Enter the TT$200 000 value of the joint non-registered holdings under the Non-registered investments account
4. The TT$100 000 of education capital can be entered under Education Savings
5. Before we enter the information for their personal use investments, we must determine the balance of the mortgage using the Loan Calculator. To save your current work, click Calculate
Click on the Home link on the top menu bar, and access the Loan Calculator from under the Calculators drop-down menu. Enter the data as follows:
1. Enter the TT$1 225 000 principal of the loan in the Amount Borrowed field.
2. Enter the Loan Date as two years ago on January 1st.
3. Enter the Renewal Date as the Loan Date plus 5 years, since at the end of the term the interest rate will change.
Note: The Renewal Date does not always signify the end of the loan, but rather when the interest rate is liable to change, or for viewing the balance and interest paid by a particular date.
4. Enter an Interest Rate of 5.75%.
5. Click the drop down menu for the Compounding frequency and choose semi-annual.
6. Click the drop down menu beside Payment Type and choose the Blended payment option.
7. If necessary change the Frequency of Payment to the Monthly option, and the Payment amount to TT$8 000
8. Click on the Calculate button next to Amortization Period.
The result should be roughly 22.8 years.
9. On the right of the calculator, next to the Current balance at field, the current balance of the loan will be listed.
The balance of the mortgage will change depending on when you do the calculation, but should be around TT$1 080 000.
1. Use the Home link on the top menu, and return to the Assets & Liabilities page using the navigation panel under Client Data Entry.
2. Enter the current market value of the residence under Personal Use, and the new mortgage value under Personal Use Liabilities.
3. Review the information and then click Calculate.
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 Barbados 
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Example Problem One:
David has Bds$150 000 in an Tax Sheltered Account but Debbie only has Bds$100 000 in hers. They have a Investment Account account between the two of them with Bds$60 000. They have some education capital already accumulated, valued at Bds$35 000.
Their house has a current market value of Bds$625 000 , but there was a mortgage taken out against it 2 years ago for Bds$400 000. The loan is to be renewed in three years, currently with an interest rate of 5.75%. Each month they pay Bds$2 500 towards the loan.
Solution using Summary Assets:
On the Assets and Liabilities screen, the clients’ holdings will only be entered at the summary level. So, from what they told us of their assets:
1. Enter the Bds$100 000 value of Debbie’s Tax Sheltered Account under Debbie’s Tax Sheltered Account
2. Enter the Bds$150 000 value of David’s Tax Sheltered Account under David’s Registered Investments Note: Make sure that you are entering this capital under the “Assets” column, not the “Liabilities” column.
3. Enter the Bds$60 000 value of the joint non-registered holdings under the Non-registered investments account
4. The Bds$35 000 of education capital can be entered under Education Savings
5. Before we enter the information for their personal use investments, we must determine the balance of the mortgage using the Loan Calculator. To save your current work, click Calculate
Click on the Home link on the top menu bar, and access the Loan Calculator from under the Calculators drop-down menu. Enter the data as follows:
1. Enter the Bds$400 000 principal of the loan in the Amount Borrowed field.
2. Enter the Loan Date as two years ago on January 1st.
3. Enter the Renewal Date as the Loan Date plus 5 years, since at the end of the term the interest rate will change.
Note: The Renewal Date does not always signify the end of the loan, but rather when the interest rate is liable to change, or for viewing the balance and interest paid by a particular date.
4. Enter an Interest Rate of 5.75%.
5. Click the drop down menu for the Compounding frequency and choose semi-annual.
6. Click the drop down menu beside Payment Type and choose the Blended payment option.
7. If necessary change the Frequency of Payment to the Monthly option, and the Payment amount to Bds$2 500
8. Click on the Calculate button next to Amortization Period.
The result should be roughly 25 years.
9. On the right of the calculator, next to the Current balance at field, the current balance of the loan will be listed.
The balance of the mortgage will change depending on when you do the calculation, but should be around Bds$360 000.
1. Use the Home link on the top menu, and return to the Assets & Liabilities page using the navigation panel under Client Data Entry.
2. Enter the current market value of the residence under Personal Use, and the new mortgage value under Personal Use Liabilities.
3. Review the information and then click Calculate.
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 Bermuda 
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Example Problem One:
David has BD$75 000 in an Tax Sheltered Investments but Debbie only has BD$50 000 in hers. They have a Non-Tax Sheltered Investment account between the two of them with BD$30 000. They have some education capital already accumulated, valued at BD$20 000.
Their house has a current market value of BD$315 000 , but there was a mortgage taken out against it 2 years ago for BD$200 000. The loan is to be renewed in three years, currently with an interest rate of 5.75%. Each month they pay BD$1 200 towards the loan.
Solution using Summary Assets:
On the Assets and Liabilities screen, the clients’ holdings will only be entered at the summary level. So, from what they told us of their assets:
1. Enter the BD$50 000 value of Debbie’s Tax Sheltered Investments under Debbie’s Tax Sheltered Investments
2. Enter the BD$75 000 value of David’s Tax Sheltered Investments under David’s Registered Investments Note: Make sure that you are entering this capital under the “Assets” column, not the “Liabilities” column.
3. Enter the BD$30 000 value of the joint non-registered holdings under the Non-registered investments account
4. The BD$20 000 of education capital can be entered under Education Savings
5. Before we enter the information for their personal use investments, we must determine the balance of the mortgage using the Loan Calculator. To save your current work, click Calculate
Click on the Home link on the top menu bar, and access the Loan Calculator from under the Calculators drop-down menu. Enter the data as follows:
1. Enter the BD$200 000 principal of the loan in the Amount Borrowed field.
2. Enter the Loan Date as two years ago on January 1st.
3. Enter the Renewal Date as the Loan Date plus 5 years, since at the end of the term the interest rate will change.
Note: The Renewal Date does not always signify the end of the loan, but rather when the interest rate is liable to change, or for viewing the balance and interest paid by a particular date.
4. Enter an Interest Rate of 5.75%.
5. Click the drop down menu for the Compounding frequency and choose semi-annual.
6. Click the drop down menu beside Payment Type and choose the Blended payment option.
7. If necessary change the Frequency of Payment to the Monthly option, and the Payment amount to BD$1 200
8. Click on the Calculate button next to Amortization Period.
The result should be roughly 27.5 years.
9. On the right of the calculator, next to the Current balance at field, the current balance of the loan will be listed.
The balance of the mortgage will change depending on when you do the calculation, but should be around BD$180 000.
1. Use the Home link on the top menu, and return to the Assets & Liabilities page using the navigation panel under Client Data Entry.
2. Enter the current market value of the residence under Personal Use, and the new mortgage value under Personal Use Liabilities.
3. Review the information and then click Calculate.
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 Bahamas 
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Example Problem One:
David has B$75 000 in an Tax Sheltered Investments but Debbie only has B$50 000 in hers. They have a Non-Tax Sheltered Investments account between the two of them with B$30 000. They have some education capital already accumulated, valued at B$B20 000.
Their house has a current market value of B$315 000 , but there was a mortgage taken out against it 2 years ago for B$200 000. The loan is to be renewed in three years, currently with an interest rate of 5.75%. Each month they pay B$1 200 towards the loan.
Solution using Summary Assets:
On the Assets and Liabilities screen, the clients’ holdings will only be entered at the summary level. So, from what they told us of their assets:
1. Enter the B$50 000 value of Debbie’s Tax Sheltered Investments under Debbie’s Tax Sheltered Investments
2. Enter the B$75 000 value of David’s Tax Sheltered Investments under David’s Registered Investments Note: Make sure that you are entering this capital under the “Assets” column, not the “Liabilities” column.
3. Enter the B$30 000 value of the joint non-registered holdings under the Non-registered investments account
4. The B$B20 000 of education capital can be entered under Education Savings
5. Before we enter the information for their personal use investments, we must determine the balance of the mortgage using the Loan Calculator. To save your current work, click Calculate
Click on the Home link on the top menu bar, and access the Loan Calculator from under the Calculators drop-down menu. Enter the data as follows:
1. Enter the B$200 000 principal of the loan in the Amount Borrowed field.
2. Enter the Loan Date as two years ago on January 1st.
3. Enter the Renewal Date as the Loan Date plus 5 years, since at the end of the term the interest rate will change.
Note: The Renewal Date does not always signify the end of the loan, but rather when the interest rate is liable to change, or for viewing the balance and interest paid by a particular date.
4. Enter an Interest Rate of 5.75%.
5. Click the drop down menu for the Compounding frequency and choose semi-annual.
6. Click the drop down menu beside Payment Type and choose the Blended payment option.
7. If necessary change the Frequency of Payment to the Monthly option, and the Payment amount to B$1 200
8. Click on the Calculate button next to Amortization Period.
The result should be roughly 27.5 years.
9. On the right of the calculator, next to the Current balance at field, the current balance of the loan will be listed.
The balance of the mortgage will change depending on when you do the calculation, but should be around B$180 000.
1. Use the Home link on the top menu, and return to the Assets & Liabilities page using the navigation panel under Client Data Entry.
2. Enter the current market value of the residence under Personal Use, and the new mortgage value under Personal Use Liabilities.
3. Review the information and then click Calculate.
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 Puerto Rico 
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Example Problem One:
David has $80 000 in an Retirement Investment but Debbie only has $50 000 in hers. They have a Open Investment account between the two of them with $30 000. They have some education capital already accumulated, valued at $18 000.
Their house has a current market value of $325 000 , but there was a mortgage taken out against it 2 years ago for $20 0000. The loan is to be renewed in three years, currently with an interest rate of 5.75%. Each month they pay $1 250.04 towards the loan.
Solution using Summary Assets:
On the Assets and Liabilities screen, the clients’ holdings will only be entered at the summary level. So, from what they told us of their assets:
1. Enter the $50 000 value of Debbie’s Retirement Investment under Debbie’s Retirement Investments
2. Enter the $80 000 value of David’s Retirement Investment under David’s Registered Investments Note: Make sure that you are entering this capital under the “Assets” column, not the “Liabilities” column.
3. Enter the $30 000 value of the joint non-registered holdings under the Non-registered investments account
4. The $18 000 of education capital can be entered under Education Savings
5. Before we enter the information for their personal use investments, we must determine the balance of the mortgage using the Loan Calculator. To save your current work, click Calculate
Click on the Home link on the top menu bar, and access the Loan Calculator from under the Calculators drop-down menu. Enter the data as follows:
1. Enter the $20 0000 principal of the loan in the Amount Borrowed field.
2. Enter the Loan Date as two years ago on January 1st.
3. Enter the Renewal Date as the Loan Date plus 5 years, since at the end of the term the interest rate will change.
Note: The Renewal Date does not always signify the end of the loan, but rather when the interest rate is liable to change, or for viewing the balance and interest paid by a particular date.
4. Enter an Interest Rate of 5.75%.
5. Click the drop down menu for the Compounding frequency and choose semi-annual.
6. Click the drop down menu beside Payment Type and choose the Blended payment option.
7. If necessary change the Frequency of Payment to the Monthly option, and the Payment amount to $1 250.04
8. Click on the Calculate button next to Amortization Period.
The result should be roughly 25 years.
9. On the right of the calculator, next to the Current balance at field, the current balance of the loan will be listed.
The balance of the mortgage will change depending on when you do the calculation, but should be around $180 000.
1. Use the Home link on the top menu, and return to the Assets & Liabilities page using the navigation panel under Client Data Entry.
2. Enter the current market value of the residence under Personal Use, and the new mortgage value under Personal Use Liabilities.
3. Review the information and then click Calculate.
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