Skip to main content
Personal
Business
Get started
What we offer
Spend & save
Chequing account
Credit card
USD savings
Registered savings account
Self-directed investing
Stocks & ETFs
Active trading
Options
Margin
Gold
Crypto
Direct Indexing
Wealth management
Portfolios
Summit portfolio
-
New
Classic portfolio
Income portfolios
Work with an advisor
Borrow
Portfolio line of credit
Mortgages
Tax filing
Tax
Business accounts
Business chequing
Business investing
Benefits
Benefits
Compare plans
Premium & Generation benefits
Learn
Wealthsimple Presents
Fall 2025: For Nerds Only
Spring 2025: The End of Banking?
Guides
Transfer guide
Home buyer's guide
Retirement guide
Options resources
Margin resources
Tax guide
Technical analysis guide
Fundamental analysis guide
-
New
Tools
Tax calculator
RRSP calculator
TFSA calculator
Retirement calculator
Fee calculator
International transfer calculator
-
New
Education
Personal finance how-tos
Advisor Insights
Product Insider
Wealthsimple Magazine
Support
Log in
Get started
Menu
Personal
Business
Menu
Home
What we offer
Back
Spend & save
Chequing account
Credit card
USD savings
Registered savings account
Self-directed investing
Stocks & ETFs
Active trading
Options
Margin
Gold
Crypto
Direct Indexing
Wealth management
Portfolios
Summit portfolio
-
New
Classic portfolio
Income portfolios
Work with an advisor
Borrow
Portfolio line of credit
Mortgages
Tax filing
Tax
Business accounts
Business chequing
Business investing
Benefits
Back
Benefits
Compare plans
Premium & Generation benefits
Learn
Back
Wealthsimple Presents
Fall 2025: For Nerds Only
Spring 2025: The End of Banking?
Guides
Transfer guide
Home buyer's guide
Retirement guide
Options resources
Margin resources
Tax guide
Technical analysis guide
Fundamental analysis guide
-
New
Tools
Tax calculator
RRSP calculator
TFSA calculator
Retirement calculator
Fee calculator
International transfer calculator
-
New
Education
Personal finance how-tos
Advisor Insights
Product Insider
Wealthsimple Magazine
Support
Log in
Get started
Learn
Borrowing
All articles
Everything you need to know about borrowing
1
Loan-to-value (LTV) ratio: How to borrow smartly in a volatile market
The Hidden Cost of Selling: Why Borrowing Can Be Smarter Than Liquidating
HELOC, margin, or portfolio line of credit? How to Choose
What is a portfolio line of credit
How does credit card interest work
Cash advances: what they are, how they work, and their impact on your finances
How to choose a mortgage
How big of a mortgage can I afford?
Fixed- vs. Variable-Rate Mortgages: What’s the Difference?
1