Proof of funds question

[Hassanghnaim]

Hey mates
I have a question, I will applying for soon but before I have a question regarding proof of funds
I already have a loan of 30,000 USD, and we are apply for a family of two( my and my wife) my pof range is to have 14000 CAD, now if I put 50,000 USD in my account will that be sufficient , (it's tr amount that covers the loan and proof of fund and more,

 

[ntwkengg]

Hey mates
I have a question, I will applying for soon but before I have a question regarding proof of funds
I already have a loan of 30,000 USD, and we are apply for a family of two( my and my wife) my pof range is to have 14000 CAD, now if I put 50,000 USD in my account will that be sufficient , (it's tr amount that covers the loan and proof of fund and more,

50k would be more than sufficient. but one thing is sure that if you are planning to pay your loan and count for your expenses for 5-8 months. the if you minus all this expense and loan after that still you should have 14k thats it. so you have to maintain 14k atleast till you get pr and you do landing.

 

[Hassanghnaim]

That's exactly the answer I need, I am only required to retain the 14k level,
Thanks a lot

 

[ntwkengg]

That's exactly the answer I need, I am only required to retain the 14k level,
Thanks a lot

great. have a good day.

 

[Ramii]

Can it be a savings account? Or that won't work. I have around 27k USD in an account but it's a savings account