u/dartroomrent

I have a chequing account with one of the Big 5 and it meets all of my needs. However, I'm looking to compartmentalize some transactions to get a clearer picture of my finances.

Here's what I need for my new bank account:

- Free without a minimum balance (or a very low monthly fee)

- Ability to send e-transfers for free (or very low cost)

- Can fund this account via Bill Pay

I found two accounts that meet this criteria: PC Money Account & Neo Financial.

I've looked and can't find any others, but wanted to check with the sub to see if I might've missed something. I'm open to banks, Credit Unions, or FinTech start ups like Neo, etc.

Anyone have any feedback on how this compares to Dairyland or Lactantia?

https://www.reddit.com/r/CostcoCanada/comments/1sd6tql/high_protein_milk/

https://preview.redd.it/gu0kv58a1qzg1.jpg?width=2142&format=pjpg&auto=webp&s=06c075565df40f4797b118261e720832aadff405

In the process of buying a new house. Going to go with a bank that has the HELOC function that works with SM.

I've created a few tables to help me understand if SM would be feasible for me. The tables are each 300+ rows, but I won't bore you with that much detail. So I'll only include the first 12 rows from each table.

Looking to get some feedback to tell me if I'm on the right or wrong path.

My assumptions:

Mortgage/yr = 4.69%

Mortgage/month = 0.39%

HELOC/yr = 4.95%

HELOC/month = 0.41%

ROI/yr = 6.00%

ROI/month = 0.50%

Marginal tax rate = 43.00%

Half marg tax rate = 21.50%

Mortgage payment = $1,481.29

First, this is how I understand the function to work:

https://preview.redd.it/ahppzwme5kzg1.png?width=1023&format=png&auto=webp&s=411f8bb30ad6c9ac985d987b9b21ffcc07fbe206

Now, here are all my tables, I split up my SM transfer into two tables because I'll be doing an initial withdrawal from the HELOC for around $150K. I want to keep track of the interest separately for the initial pull and the on going monthly transfer.

My house, mortgage, & equity:

Period	Date	Home value	Beginning Mortgage Balance	Mortgage payment	Mortgage interest	Mortgage principle	Extra payments	Ending Mortgage balance
1	1/1/2026	$600,000	-$263,000.00	$1,481.29	-$1,027.89	$453.40	$0.00	-$262,546.60
2	2/1/2026	$600,000	-$262,546.60	$1,481.29	-$1,026.12	$455.17	$0.00	-$262,091.43
3	3/1/2026	$600,000	-$262,091.43	$1,481.29	-$1,024.34	$456.95	$0.00	-$261,634.48
4	4/1/2026	$600,000	-$261,634.48	$1,481.29	-$1,022.55	$458.74	$0.00	-$261,175.74
5	5/1/2026	$600,000	-$261,175.74	$1,481.29	-$1,020.76	$460.53	$0.00	-$260,715.21
6	6/1/2026	$600,000	-$260,715.21	$1,481.29	-$1,018.96	$462.33	$0.00	-$260,252.88
7	7/1/2026	$600,000	-$260,252.88	$1,481.29	-$1,017.16	$464.13	$0.00	-$259,788.75
8	8/1/2026	$600,000	-$259,788.75	$1,481.29	-$1,015.34	$465.95	$0.00	-$259,322.80
9	9/1/2026	$600,000	-$259,322.80	$1,481.29	-$1,013.52	$467.77	$0.00	-$258,855.03
10	10/1/2026	$600,000	-$258,855.03	$1,481.29	-$1,011.69	$469.60	$0.00	-$258,385.43
11	11/1/2026	$600,000	-$258,385.43	$1,481.29	-$1,009.86	$471.43	$0.00	-$257,914.00
12	12/1/2026	$600,000	-$25,7914.00	$1,481.29	-$1,008.01	$473.28	$0.00	-$257,440.72

Next is my monthly transfer:

Date	Beg. HELOC Balance	Interest	Transfer	HELOC Payment	End. HELOC Balance
1/1/2026	$0.00	$0.00	-$362.72	$0.00	-$362.72
2/1/2026	-$362.72	-$1.50	-$364.14	$364.14	-$364.22
3/1/2026	-$364.22	-$1.50	-$365.56	$365.56	-$365.72
4/1/2026	-$365.72	-$1.51	-$366.99	$366.99	-$367.23
5/1/2026	-$367.23	-$1.51	-$368.42	$368.42	-$368.74
6/1/2026	-$368.74	-$1.52	-$369.86	$369.86	-$370.26
7/1/2026	-$370.26	-$1.53	-$371.30	$371.30	-$371.79
8/1/2026	-$371.79	-$1.53	-$372.76	$372.76	-$373.32
9/1/2026	-$373.32	-$1.54	-$374.22	$374.22	-$374.86
10/1/2026	-$374.86	-$1.55	-$375.68	$375.68	-$376.41
11/1/2026	-$376.41	-$1.55	-$377.14	$377.14	-$377.96
12/1/2026	-$377.96	-$1.56	-$378.62	$378.62	-$379.52

Next is my lump sum table, I plan on pulling out ~150K when I start SM:

Date	Beg. HELOC Balance	Interest	Transfer	HELOC Payment	End. HELOC Balance
1/1/2026	$0.00	$0.00	-$151,366.92	$0.00	-$151,366.92
2/1/2026	-$151,366.92	-$624.39	-$624.39	$624.39	-$151,991.31
3/1/2026	-$151,991.31	-$626.96	-$626.96	$626.96	-$152,618.27
4/1/2026	-$152,618.27	-$629.55	-$629.55	$629.55	-$153,247.82
5/1/2026	-$153,247.82	-$632.15	-$632.15	$632.15	-$153,879.97
6/1/2026	-$153,879.97	-$634.75	-$634.75	$634.75	-$154,514.72
7/1/2026	-$154,514.72	-$637.37	-$637.37	$637.37	-$155,152.10
8/1/2026	-$155,152.10	-$640.00	-$640.00	$640.00	-$155,792.10
9/1/2026	-$155,792.10	-$642.64	-$642.64	$642.64	-$156,434.74
10/1/2026	-$156,434.74	-$645.29	-$645.29	$645.29	-$157,080.04
11/1/2026	-$157,080.04	-$647.96	-$647.96	$647.96	-$157,727.99
12/1/2026	-$157,727.99	-$650.63	-$650.63	$650.63	-$158,378.62

Last is my investment account:

Date	Beg. Investment Balance	Transfer	Extra Payments	Investment Return	Ending Investment Balance
1/1/2026	$0	$151,729.64	$0.00	$0.00	$151,729.64
2/1/2026	$151,729.64	$362.64	$0.00	$758.65	$152,850.93
3/1/2026	$152,850.93	$364.06	$0.00	$764.25	$153,979.24
4/1/2026	$153,979.24	$365.48	$0.00	$769.90	$155,114.62
5/1/2026	$155,114.62	$366.91	$0.00	$775.57	$156,257.10
6/1/2026	$156,257.10	$368.34	$0.00	$781.29	$157,406.73
7/1/2026	$157,406.73	$369.78	$0.00	$787.03	$158,563.54
8/1/2026	$158,563.54	$371.23	$0.00	$792.82	$159,727.58
9/1/2026	$159,727.58	$372.68	$0.00	$798.64	$160,898.90
10/1/2026	$160,898.90	$374.13	$0.00	$804.49	$162,077.53
11/1/2026	$162,077.53	$375.59	$0.00	$810.39	$163,263.50
12/1/2026	$163,263.50	$377.06	$0.00	$816.32	$164,456.89

I'll be capitalizing the interest on the HELOC to reduce my tax burden then using the tax refund to pay down the mortgage.

Any feedback?

Have an on prem D7 environment and looking to move everything into the cloud (Azure or AWS).

Discussions around the table is approach:

1. Upgrade to D11 then move to the cloud?

or

2. Move to the cloud then do the upgrade?

Any tips, tricks, or recommendations are appreciated.