|
|
Financial Analysis
|
Amount Financed
|
$198,000.00
|
|
Monthly Payment
|
$1,247.74
|
|
Monthly Property Taxes
|
$250.00
|
|
Monthly Insurance
|
$125.00
|
|
Months with PMI
|
0
|
|
Monthly PMI
|
$0.00
|
|
Total Monthly Payment
|
$1,622.74
|
|
|
First Years
|
Total
|
|
Interest and Points
|
$63,814.88
|
$251,186.33
|
|
Total Property Taxes
|
$15,000.00
|
$90,000.00
|
|
Total Annual Deductions
|
$15,000.00
|
$90,000.00
|
|
Total Deductions
|
$93,814.88
|
$431,186.33
|
|
Tax Savings
|
$29,082.61
|
$133,667.76
|
|
Average Payment After Taxes
|
$763.03
|
$876.44
|
|