Harper's House Plan
Finance Project
About Me
Email: Harpetteretail@gmail.com
Website: Harpertte.com
Phone: 9130929019
Facebook: facebook.com/harpertte
Twitter: @twitter_Harpertte
Monthly Amount
30% tax
$4083.33 monthly earnings
Monthly Budget due to payments/Total Amount
Student loan payment: $402.78
Car Insurance: $60
Food: $250
Cell: $60
Utilities: $200
Car payment: $325
Gas: $200
Entertainment costs: $200
$4083.33
-$1697.78
_____________
Amount that I can afford each month: $2385.55
Mortgage
Interest Rate: 3.75%
https://www.bankofamerica.com/home-loans/mortgage/mortgage-payment-calculator-results.go
Date:
Feb/5/2016
Dream House
11128 W 132nd Pl,Overland Park, KS 66213
Payment for the House/Minimum Payment
What I can afford:
If I pay $2385.55 each month for thirty years then I can afford a $515,108 house.
To leave extra for future vacations and others,
I'm going to buy a $400,00 house which will require $1852.46 each month.
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Minimum Payment: $1852.46 each month
Increased Principle/Actual Total Payment
Actual payment: $666885.60 in thirty years
Amount and time reduced by paying 15% extra:
- $2130.33 each month
- 23.6 years
- 603309.46 for 23.6 years
- $63576.14 saved with 15% more each month