Results
Payments & Expenses (monthly)
Mortgage Payment
Principal$333.33
Interest$140.81
Total Mortgage Payments$474.15
Taxes & Fees
Property Tax$187.50
Insurance$75.00
Private Mortage Insurance$300.00
Home Owner's Association$50.00
Total Taxes & Fees$612.50
Operational Costs
Utilities$400.00
Maintenance$50.00
Total Operational Costs$450.00
Monthly Expenses Total$1,536.65
Lifetime Totals
Down Payment$30,000.00
Interest$50,692.23
Principal$120,000.00
Taxes & Fees$220,500.00
Operational Costs$162,000.00
Total Payments$421,192.23
Opportunity Cost$1,770,337.85
Estimated Home Value in 30 Years$364,089.37