|
Mortgage Analysis With your monthly payment of 1,400.00 and a 30 Year Loan at 5.750 % You will have a loan of $ 239,901.49 Adding your Downpayment of $ 350,000.00 gives a total house value of $ 589,901.49 After 30 Years you will own a $ 1,655,731.79 house and have saved 87,152.51 in Income Taxes on Interest Payments of $ 264,098.51 Renting Analysis Instead we take your downpayment and let it grow After 30 years your $ 350,000.00 has increased to $ 4,045,388.07 |
