Casa de Lauren
Pre-Calc Finance Project: Scenario 3 - Hour: 4
House Loan Info
House Cost: $90,000
No Down Payment
Interest Rate: 2%
Paid Over: 30 years (monthly)
Monthly Payment: $332.66
Located At: 6630 W 109th Street, Leawood, KS
House Loan: After Monthly Payment Increases by 15%
House Cost: $90,000
No Down Payment
Interest Rate: 2%
Paid Over: 24.91
Monthly Payment: $382.56
Time Saved: 5.09 years
Money Saved: $5402.76
Outside View
Family Room
(Does not come with furniture)
Bedroom
Car Loan Info
2008 Chevrolet Malibu
Cost: $10,600
Interest Rate: 4.78%
Paid Over: 10 years (monthly)
Monthly Payment: $198.97
Car Loan Info: After Monthly Payment Increases by 15%
2008 Chevrolet Malibu
Cost: $10,600
Interest Rate: 4.78%
Paid Over: 4.28 years (monthly)
Monthly Payment: $228.82
Time Saved: 5.72 years
Money Saved: $12124.20
Student Loan Info
Student Loan: $20,000
Interest Rate: 6.8%
Paid Over: 10 years (every month)
Monthly Payment: $230
Student Loan: After Monthly Payment Increases by 15%
Student Loan: $20,000
Interest Rate: 6.8%
Paid Over: 8.25 years (monthly)
Monthly Payment: $264.50
Time Saved: 1.75 years
Money Saved: $1414.50
Salary After Taxes & Food Costs (not with 15% difference & food costing $400) : $18,848.08
Citations
Merrigan, P. (2013, June 15). Remax. Retrieved from http://www.remax-midstates.com/Home/6630-W-109-Street-Overland-Park-KS-66211/HRT/1820619/
Ancona, F. (n.d.). Home frank ancona honda. Retrieved from http://frankanconahonda.com