An immediate financing arrangement pays a policy premium and borrows the capital back to keep it working. This tool compares one year of that trade against paying the same premium with no financing: the interest deduction, the capped collateral insurance deduction, the tax saved, and the net cash contribution the year needs. The loan advance is debt with an offsetting liability, not a cost saving, and the tool says so. It quotes no lending numbers of its own; every rate and advance comes from your lender quote, and the NCPI from your carrier's illustration.
This tool is for illustration purposes only and does not constitute financial or tax advice. It models a single year of financing arithmetic from figures you supply and projects nothing: no rate path, lender review, policy value, or investment return. The deductions shown require statutory conditions the tool cannot verify, including the income-earning use of the borrowed money and the collateral assignment requirements of paragraph 20(1)(e.2). An immediate financing arrangement layers demand debt onto a decades-long insurance commitment and suits a narrow profile; suitability must be assessed individually by a licensed insurance and investment advisor. Consult a qualified professional before making decisions.