Compound Interest

 

Initial investment $10,000
Annual rate 7%
Time horizon 20 yrs
Invested
$10,000
Interest earned
$28,697
Final balance
$38,697
Total balance Principal only

Mortgage Calculator

 

Purchase price $2,250,000
Down payment 20%
30yr mortgage rate 6.00%
15yr mortgage rate 5.50%
Property tax rate 1.25%
Annual insurance $3,500/yr
Current rent/mo $6,950

30-year home loan calculator

Loan inputs

Purchase price $2,250,000
Down payment 20% — $450,000
Interest rate 6.00%
Property tax rate 1.25%
Annual insurance $3,500
Monthly rental income $6,950

Monthly breakdown

Principal & interest (P&I)-
Property tax-
Insurance-
Total monthly cost-
Less rental income-
Net monthly carry-

Loan amount
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Total monthly cost
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Net monthly carry
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Total 30-yr interest
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Amortization - first 10 years

Principal Interest