Cost of House

Downpayment
Original Principal

Payment
Year

Annual Interest Rate

47800 Loan Term (Years)
Payments per Year

-$1,003.95
Interest

0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

239,000
20%
191,200

$7,470.12
$7,286.01
$7,094.49
$6,895.27
$6,688.03
$6,472.46
$6,248.22
$6,014.96
$5,772.31
$5,519.91
$5,257.35
$4,984.23
$4,700.13
$4,404.60
$4,097.18
$3,777.40
$3,444.75
$3,098.72
$2,738.78
$2,364.36
$1,974.88
$1,569.73
$1,148.28
$709.88
$253.85
$301,185.88

Principal

Balance
$191,200.00
$4,577.31 $186,622.69
$4,761.43 $181,861.26
$4,952.95 $176,908.31
$5,152.17 $171,756.15
$5,359.40 $166,396.74
$5,574.98 $160,821.77
$5,799.22 $155,022.55
$6,032.48 $148,990.07
$6,275.12 $142,714.94
$6,527.53 $136,187.41
$6,790.09 $129,397.33
$7,063.20 $122,334.12
$7,347.31 $114,986.82
$7,642.84 $107,343.98
$7,950.26 $99,393.72
$8,270.04 $91,123.68
$8,602.69 $82,521.00
$8,948.71 $73,572.29
$9,308.66 $64,263.63
$9,683.08 $54,580.56
$10,072.56 $44,508.00
$10,477.71 $34,030.29
$10,899.15 $23,131.13
$11,337.55 $11,793.58
$11,793.58
$0.00

3.95%
25
12

Insurance (P.a)
Property Tax (P.a.)
Additional maintenance cost(P.a)
Utility Exp
Hydro (P.m)
Gas (P.m)

1200
1.44%
2000
Normal
100
30

Water heater (P.m)

Internet (P.m)

40
70

Bank Saving
House Inflation (P.a.)
Commission fee on selling the property

1%
2%
5%

Rent

Month

Interest
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

Principal
$629.37
$628.13
$626.90
$625.66
$624.41
$623.16
$621.91
$620.65
$619.39
$618.12
$616.85
$615.58
$614.30
$613.02
$611.73
$610.44
$609.14
$607.84
$606.54
$605.23
$603.92
$602.60
$601.28
$599.96
$598.63

$374.59
$375.82
$377.06
$378.30
$379.54
$380.79
$382.05
$383.30
$384.56
$385.83
$387.10
$388.37
$389.65
$390.94
$392.22
$393.51
$394.81
$396.11
$397.41
$398.72
$400.03
$401.35
$402.67
$404.00
$405.33

26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70

$597.29
$595.95
$594.61
$593.26
$591.91
$590.56
$589.19
$587.83
$586.46
$585.09
$583.71
$582.32
$580.94
$579.54
$578.15
$576.74
$575.34
$573.93
$572.51
$571.09
$569.67
$568.24
$566.80
$565.36
$563.92
$562.47
$561.02
$559.56
$558.10
$556.63
$555.16
$553.68
$552.20
$550.71
$549.22
$547.72
$546.22
$544.71
$543.20
$541.69
$540.16
$538.64
$537.11
$535.57
$534.03

$406.66
$408.00
$409.34
$410.69
$412.04
$413.40
$414.76
$416.12
$417.49
$418.87
$420.25
$421.63
$423.02
$424.41
$425.81
$427.21
$428.61
$430.03
$431.44
$432.86
$434.29
$435.72
$437.15
$438.59
$440.03
$441.48
$442.93
$444.39
$445.86
$447.32
$448.80
$450.27
$451.75
$453.24
$454.73
$456.23
$457.73
$459.24
$460.75
$462.27
$463.79
$465.32
$466.85
$468.38
$469.93

71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115

$532.48
$530.93
$529.37
$527.81
$526.24
$524.67
$523.09
$521.51
$519.92
$518.33
$516.73
$515.13
$513.52
$511.90
$510.28
$508.66
$507.03
$505.39
$503.75
$502.10
$500.45
$498.79
$497.13
$495.46
$493.79
$492.11
$490.43
$488.74
$487.04
$485.34
$483.63
$481.92
$480.20
$478.48
$476.75
$475.01
$473.27
$471.52
$469.77
$468.01
$466.25
$464.48
$462.70
$460.92
$459.13

$471.47
$473.02
$474.58
$476.14
$477.71
$479.28
$480.86
$482.44
$484.03
$485.63
$487.22
$488.83
$490.44
$492.05
$493.67
$495.30
$496.93
$498.56
$500.20
$501.85
$503.50
$505.16
$506.82
$508.49
$510.16
$511.84
$513.53
$515.22
$516.91
$518.62
$520.32
$522.03
$523.75
$525.48
$527.21
$528.94
$530.68
$532.43
$534.18
$535.94
$537.71
$539.48
$541.25
$543.03
$544.82

116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160

$457.34
$455.54
$453.73
$451.92
$450.11
$448.28
$446.45
$444.62
$442.78
$440.93
$439.08
$437.22
$435.35
$433.48
$431.60
$429.72
$427.83
$425.93
$424.03
$422.12
$420.21
$418.28
$416.36
$414.42
$412.48
$410.54
$408.58
$406.62
$404.66
$402.68
$400.70
$398.72
$396.73
$394.73
$392.72
$390.71
$388.69
$386.67
$384.63
$382.60
$380.55
$378.50
$376.44
$374.37
$372.30

$546.61
$548.41
$550.22
$552.03
$553.85
$555.67
$557.50
$559.33
$561.17
$563.02
$564.88
$566.73
$568.60
$570.47
$572.35
$574.23
$576.12
$578.02
$579.92
$581.83
$583.75
$585.67
$587.60
$589.53
$591.47
$593.42
$595.37
$597.33
$599.30
$601.27
$603.25
$605.23
$607.23
$609.23
$611.23
$613.24
$615.26
$617.29
$619.32
$621.36
$623.40
$625.45
$627.51
$629.58
$631.65

161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205

$370.22
$368.14
$366.04
$363.94
$361.84
$359.72
$357.60
$355.48
$353.34
$351.20
$349.05
$346.89
$344.73
$342.56
$340.38
$338.20
$336.01
$333.81
$331.60
$329.39
$327.17
$324.94
$322.71
$320.47
$318.22
$315.96
$313.69
$311.42
$309.14
$306.86
$304.56
$302.26
$299.95
$297.63
$295.31
$292.97
$290.63
$288.29
$285.93
$283.57
$281.20
$278.82
$276.43
$274.03
$271.63

$633.73
$635.82
$637.91
$640.01
$642.12
$644.23
$646.35
$648.48
$650.61
$652.75
$654.90
$657.06
$659.22
$661.39
$663.57
$665.75
$667.94
$670.14
$672.35
$674.56
$676.78
$679.01
$681.24
$683.49
$685.74
$687.99
$690.26
$692.53
$694.81
$697.10
$699.39
$701.69
$704.00
$706.32
$708.65
$710.98
$713.32
$715.67
$718.02
$720.39
$722.76
$725.14
$727.52
$729.92
$732.32

206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250

$269.22
$266.80
$264.38
$261.94
$259.50
$257.05
$254.59
$252.12
$249.65
$247.17
$244.67
$242.18
$239.67
$237.15
$234.63
$232.10
$229.56
$227.01
$224.45
$221.88
$219.31
$216.73
$214.13
$211.53
$208.93
$206.31
$203.68
$201.05
$198.41
$195.75
$193.09
$190.43
$187.75
$185.06
$182.37
$179.66
$176.95
$174.23
$171.49
$168.75
$166.00
$163.25
$160.48
$157.70
$154.92

$734.73
$737.15
$739.58
$742.01
$744.45
$746.90
$749.36
$751.83
$754.30
$756.79
$759.28
$761.78
$764.28
$766.80
$769.32
$771.86
$774.40
$776.95
$779.50
$782.07
$784.64
$787.23
$789.82
$792.42
$795.03
$797.64
$800.27
$802.90
$805.55
$808.20
$810.86
$813.53
$816.21
$818.89
$821.59
$824.29
$827.01
$829.73
$832.46
$835.20
$837.95
$840.71
$843.47
$846.25
$849.04

251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295

$152.12
$149.32
$146.51
$143.68
$140.85
$138.01
$135.16
$132.30
$129.43
$126.55
$123.66
$120.77
$117.86
$114.94
$112.02
$109.08
$106.13
$103.18
$100.21
$97.24
$94.26
$91.26
$88.26
$85.24
$82.22
$79.18
$76.14
$73.09
$70.02
$66.95
$63.86
$60.77
$57.66
$54.55
$51.42
$48.29
$45.14
$41.99
$38.82
$35.64
$32.46
$29.26
$26.05
$22.83
$19.60

$851.83
$854.63
$857.45
$860.27
$863.10
$865.94
$868.79
$871.65
$874.52
$877.40
$880.29
$883.19
$886.09
$889.01
$891.94
$894.87
$897.82
$900.77
$903.74
$906.71
$909.70
$912.69
$915.70
$918.71
$921.73
$924.77
$927.81
$930.87
$933.93
$937.01
$940.09
$943.18
$946.29
$949.40
$952.53
$955.66
$958.81
$961.97
$965.13
$968.31
$971.50
$974.69
$977.90
$981.12
$984.35

296
297
298
299
300

$16.36
$13.11
$9.85
$6.58
$3.29

$987.59
$990.84
$994.10
$997.38
$1,000.66

Winter

Summer
150
45

50
15

Annual
1200
360
480
560
2600

Payment
Balance
$1,003.95 $190,825.41
$1,003.95 $190,449.59
$1,003.95 $190,072.54
$1,003.95 $189,694.24
$1,003.95 $189,314.70
$1,003.95 $188,933.91
$1,003.95 $188,551.86
$1,003.95 $188,168.56
$1,003.95 $187,783.99
$1,003.95 $187,398.16
$1,003.95 $187,011.06
$1,003.95 $186,622.69
$1,003.95 $186,233.03
$1,003.95 $185,842.10
$1,003.95 $185,449.87
$1,003.95 $185,056.36
$1,003.95 $184,661.55
$1,003.95 $184,265.44
$1,003.95 $183,868.03
$1,003.95 $183,469.31
$1,003.95 $183,069.28
$1,003.95 $182,667.93
$1,003.95 $182,265.26
$1,003.95 $181,861.26
$1,003.95 $181,455.93

$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95

$181,049.27
$180,641.27
$180,231.93
$179,821.24
$179,409.20
$178,995.80
$178,581.04
$178,164.92
$177,747.43
$177,328.56
$176,908.31
$176,486.68
$176,063.67
$175,639.26
$175,213.45
$174,786.24
$174,357.63
$173,927.60
$173,496.16
$173,063.30
$172,629.01
$172,193.30
$171,756.15
$171,317.56
$170,877.52
$170,436.04
$169,993.11
$169,548.72
$169,102.86
$168,655.54
$168,206.74
$167,756.47
$167,304.72
$166,851.47
$166,396.74
$165,940.51
$165,482.78
$165,023.54
$164,562.79
$164,100.52
$163,636.73
$163,171.42
$162,704.57
$162,236.19
$161,766.26

$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95

$161,294.79
$160,821.77
$160,347.18
$159,871.04
$159,393.33
$158,914.05
$158,433.19
$157,950.74
$157,466.71
$156,981.09
$156,493.86
$156,005.03
$155,514.60
$155,022.55
$154,528.88
$154,033.58
$153,536.66
$153,038.09
$152,537.89
$152,036.04
$151,532.54
$151,027.38
$150,520.56
$150,012.07
$149,501.91
$148,990.07
$148,476.54
$147,961.32
$147,444.41
$146,925.79
$146,405.47
$145,883.44
$145,359.68
$144,834.21
$144,307.00
$143,778.06
$143,247.37
$142,714.94
$142,180.76
$141,644.82
$141,107.11
$140,567.64
$140,026.39
$139,483.35
$138,938.53

$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95

$138,391.92
$137,843.51
$137,293.29
$136,741.26
$136,187.41
$135,631.74
$135,074.25
$134,514.91
$133,953.74
$133,390.72
$132,825.84
$132,259.11
$131,690.51
$131,120.03
$130,547.69
$129,973.45
$129,397.33
$128,819.31
$128,239.39
$127,657.55
$127,073.81
$126,488.14
$125,900.54
$125,311.01
$124,719.54
$124,126.12
$123,530.75
$122,933.42
$122,334.12
$121,732.85
$121,129.61
$120,524.37
$119,917.14
$119,307.92
$118,696.69
$118,083.44
$117,468.18
$116,850.90
$116,231.58
$115,610.22
$114,986.82
$114,361.36
$113,733.85
$113,104.27
$112,472.62

$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95

$111,838.89
$111,203.07
$110,565.16
$109,925.15
$109,283.04
$108,638.81
$107,992.46
$107,343.98
$106,693.37
$106,040.61
$105,385.71
$104,728.65
$104,069.43
$103,408.04
$102,744.47
$102,078.72
$101,410.78
$100,740.63
$100,068.29
$99,393.72
$98,716.94
$98,037.93
$97,356.69
$96,673.20
$95,987.46
$95,299.47
$94,609.21
$93,916.68
$93,221.87
$92,524.77
$91,825.38
$91,123.68
$90,419.68
$89,713.36
$89,004.71
$88,293.73
$87,580.41
$86,864.75
$86,146.72
$85,426.34
$84,703.58
$83,978.44
$83,250.92
$82,521.00
$81,788.68

$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95

$81,053.95
$80,316.80
$79,577.22
$78,835.21
$78,090.75
$77,343.85
$76,594.49
$75,842.66
$75,088.35
$74,331.57
$73,572.29
$72,810.51
$72,046.23
$71,279.43
$70,510.10
$69,738.24
$68,963.85
$68,186.90
$67,407.39
$66,625.32
$65,840.68
$65,053.45
$64,263.63
$63,471.21
$62,676.19
$61,878.54
$61,078.27
$60,275.37
$59,469.82
$58,661.63
$57,850.77
$57,037.24
$56,221.04
$55,402.14
$54,580.56
$53,756.26
$52,929.26
$52,099.53
$51,267.07
$50,431.87
$49,593.93
$48,753.22
$47,909.75
$47,063.50
$46,214.46

$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95

$45,362.63
$44,508.00
$43,650.55
$42,790.28
$41,927.18
$41,061.23
$40,192.44
$39,320.79
$38,446.27
$37,568.87
$36,688.58
$35,805.39
$34,919.30
$34,030.29
$33,138.35
$32,243.48
$31,345.66
$30,444.89
$29,541.15
$28,634.43
$27,724.74
$26,812.04
$25,896.35
$24,977.64
$24,055.90
$23,131.13
$22,203.32
$21,272.45
$20,338.52
$19,401.52
$18,461.43
$17,518.24
$16,571.95
$15,622.55
$14,670.02
$13,714.36
$12,755.55
$11,793.58
$10,828.45
$9,860.14
$8,888.64
$7,913.95
$6,936.05
$5,954.92
$4,970.57

$1,003.95
$1,003.95
$1,003.95
$1,003.95
$1,003.95

$3,982.98
$2,992.14
$1,998.04
$1,000.66
$0.00

Outflows
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

Motgages Property TMaintenance

Hydro
Gas
12047.44 2758.442
2000
1200
12047.44 2692.405
2000
1200
12047.44 2623.712
2000
1200
12047.44 2552.256
0
1200
12047.44 2477.926
0
1200
12047.44 2400.606
0
1200
12047.44 2320.176
0
1200
12047.44 2236.51
0
1200
12047.44 2149.48
0
1200
12047.44 2058.948
0
1200
12047.44 1964.776
0
1200
12047.44 1866.815
0
1200
12047.44 1764.914
0
1200
12047.44 1658.915
0
1200
12047.44 1548.652
0
1200
12047.44 1433.953
0
1200
12047.44 1314.641
0
1200
12047.44 1190.53
0
1200
12047.44 1061.427
0
1200
12047.44 927.1314
0
1200
12047.44 787.4337
0
1200
12047.44 642.1168
0
1200
12047.44 490.9549
0
1200
12047.44 333.7128
0
1200
12047.44 170.146
0
1200

360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360
360

Water and Heater

480
480
480
480
480
480
480
480
480
480
480
480
480
480
480
480
480
480
480
480
480
480
480
480
480

Internet Cable
20% Extra
560
560
560
560
560
560
560
560
560
560
560
560
560
560
560
560
560
560
560
560
560
560
560
560
560

408
408
408
408
408
408
408
408
408
408
408
408
408
408
408
408
408
408
408
408
408
408
408
408
408
0
0

Inc Utility
Exc Utility
19813.877562 17365.88
19747.840659 17299.84
19679.147552 17231.15
17607.691401 15159.69
17533.361068 15085.36
17456.040945 15008.04
17375.610772 14927.61
17291.945456 14843.95
17204.914867 14756.91
17114.383646 14666.38
17020.210986 14572.21
16922.250417 14474.25
16820.349578 14372.35
16714.349979 14266.35
16604.086757 14156.09
16489.388415 14041.39
16370.076559 13922.08
16245.96562 13797.97
16116.862565 13668.86
15982.566595 13534.57
15842.868835 13394.87
15697.55201 13249.55
15546.390103 13098.39
15389.148008 12941.15
15225.581161 12777.58
423812.46151 362612.5
1412.708205 1208.708
353.17705126 302.1771

12935.06
19605.24

Assumption
Sell after 3rd year
Sell after 25th year
300 months
4 friends
internet cable excluded in util

51000
170
34
336.1771

Comm
4th yr
25thyr

ssumption
ell after 3rd year
ell after 25th year
00 months

nternet cable excluded in utility

336.1771
Excluding Utility

Option 1
Rent
Utility
Final

Option 2
435
34
469

Final Model
Which Option??
Rent
Including or Excluding????

510
0
510

BUY
336.18
Excluding Utility

469

Excluding Utility

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

239,000
248655.6
253628.7
258701.3 12935.06
263875.3
269152.8
274535.9
280026.6
285627.1
291339.7
297166.5
303109.8
309172
315355.4
321662.5
328095.8
334657.7
341350.9
348177.9
355141.4
362244.3
369489.1
376878.9
384416.5
392104.8 19605.24