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Old 10-21-2015, 01:55 PM   #1278
PeteMoss
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Quote:
Originally Posted by opendoor View Post
Unless my numbers are wrong it'd actually be closer to $11K a month at $210K after deducting tax, CPP, and EI. And then when you factor in the tax deduction you get from student loan interest that adds another $500 a month or so. So with a $5100 student loan payment that person would be taking home somewhere in the $6200 range after everything.
And you'd exceed the CPP/EI maximum's on the majority of that income so won't have to pay that for most of it.
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