* Fill in the blanks below and click ENTER to see your NEW HOME ADVANTAGE
| New Home Advantage | |
|---|---|
| Home Price($) | $ |
| Down Payment(%) | |
| Estimated Interest Rate*(%) | |
| Rate for equation | |
| # of Payment Periods | |
| Principal Loan Amount($) | $ |
| PMI Estimate($) | $ |
| PMI Monthly Estimate($) | $ |
| Property Tax Rate(%) | |
| Property Tax Monthly Payment Before Homestead($) | $ |
| Yearly HOA($) | $ |
| Estimated Yearly Insurance($) | $ |
| Estimated Monthly Payment($) | $ |
| Electric and Maintenance | |
| Estimated Monthly Electric Bill($) | $ |
| Estimated Monthly Maitenance Costs($) | |
| Estimated Monthly Electricity and Maintenance Costs($) | $ |
| Estimated Monthly Payment with Electrical and Maintenance($) (Estimated monthly payments include maintenance and electrical values entered above) |
$ |
| Apartment/Rental Home | |
|---|---|
| Monthly Rent($) | $ |
| Security Deposit($) | $ |
| Rate | |
| Estimated Monthly Electric Bill($) | $ |
| Monthly Cost of Living | |
| Principal Loan Amount($) | $ |
| PMI Estimate($) | $ |
| Rent + Monthly Estimated Electric Bill | |
| New Home Equity - 1 Year | |
| Estimated Single Family Residence Annual Growth Rate(%) | |
| Estimated Appreciation($) | $ |
| Estimated Equity from Principal($) | $ |
| Estimated Appreciation + Equity($) | $ |
| New Home Advantage vs. Renting - Monthly | |
| Before New Home Advantage($) | $ |
| After New Home Advantage($) | $ |
| # Years in New Home | |
| Estimated Appreciation + Equity | $13,068.69 |
The information provided by the calculators is this workbook are for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.