| |
|
|
|
|
|
|
|
|
COTTAGE EQUITY |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
TOTAL |
|
|
|
|
| |
|
|
30
YEAR LOAN |
|
|
|
|
|
EQUITY |
|
TAX |
TAX |
TOTAL |
| |
REAL ESTATE |
MORTGAGE |
|
|
|
TOTAL |
|
PRINCIPAL |
4% |
AND
TAX |
|
SAVINGS |
SAVINGS |
TAX |
|
YEAR |
TAXES |
PAYMENT |
INTEREST |
PRINCIPAL |
INSURANCE |
OUT
LAYS |
|
PAYMENTS |
APPRECIATION |
APPRECIATION |
|
INTEREST |
TAXES |
SAVINGS |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 |
|
40,000 |
|
40,000 |
|
40,000 |
|
40,000 |
0 |
40,000 |
|
|
|
|
|
1 |
3,000 |
15,516 |
13,055 |
2,461 |
1,000 |
19,516 |
|
2,461 |
10,000 |
12,461 |
|
3,655 |
840 |
4,495 |
|
2 |
3,100 |
15,516 |
12,897 |
2,619 |
1,050 |
19,666 |
|
2,619 |
10,400 |
13,019 |
|
3,611 |
868 |
4,479 |
|
3 |
3,200 |
15,516 |
12,729 |
2,788 |
1,100 |
19,816 |
|
2,788 |
10,816 |
13,604 |
|
3,564 |
896 |
4,460 |
|
4 |
3,300 |
15,516 |
12,549 |
2,967 |
1,150 |
19,966 |
|
2,967 |
11,249 |
14,216 |
|
3,514 |
924 |
4,438 |
|
5 |
3,400 |
15,516 |
12,358 |
3,158 |
1,200 |
20,116 |
|
3,158 |
11,699 |
14,856 |
|
3,460 |
952 |
4,412 |
|
6 |
3,500 |
15,516 |
12,155 |
3,361 |
1,250 |
20,266 |
|
3,361 |
12,167 |
15,527 |
|
3,403 |
980 |
4,383 |
|
7 |
3,600 |
15,516 |
11,939 |
3,577 |
1,300 |
20,416 |
|
3,577 |
12,653 |
16,230 |
|
3,343 |
1,008 |
4,351 |
|
8 |
3,700 |
15,516 |
11,709 |
3,807 |
1,350 |
20,566 |
|
3,807 |
13,159 |
16,966 |
|
3,279 |
1,036 |
4,315 |
|
9 |
3,800 |
15,516 |
11,464 |
4,052 |
1,400 |
20,716 |
|
4,052 |
13,686 |
17,738 |
|
3,210 |
1,064 |
4,274 |
|
10 |
3,900 |
15,516 |
11,204 |
4,313 |
1,450 |
20,866 |
|
4,313 |
14,233 |
18,546 |
|
3,137 |
1,092 |
4,229 |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
TOTAL |
|
|
|
|
241,911 |
|
73,101 |
120,061 |
193,163 |
|
|
|
43,837 |