Sale of House Example 1 Example 2 Example 3 Example 4 Example 5 Example 6
Duncan Way Royal Road
House House
Sale Price $252,500 $465,000
6% Rltrs. Comm. - $11,363 - $23,250
= $241,138 = $441,750
Current Mortgage - $189,000 - $245,000
Moving Expenses - $4,450
Profit = $52,138 = $192,300
My Half $94,521
Type in Price of House
19 Duncan Way New House
Price of House $375,000 Price of House $389,000 Every additional $10,000
Down Payment - $56,250 Down Payment - $58,350 is about $60 more a month
Savings $38,271 Proposed Current
Amount Borrowed = $318,750 Amount Borrowed = $330,650 Monthly
Monthly Income $3,400.00 $3,100.00
Interest Rates Mortgage Monthly + $3,000.00 $0.00
3.00% $1,343.86 Interest Rates Mortgage = $6,400.00 $3,100.00
5.60% $1,829.88 5.00% $1,775.00
6.00% $1,911.07 6.00% $1,982.41 Expenses
6.50% $2,014.72 6.50% $2,089.93 Mort/Taxes $2,572.41 40.19% $1,500.00 48.39%
7.00% $2,120.65 7.00% $2,199.82 Assoc. Fee $0.00 $155.00
7.13% $2,148.55 7.13% $2,228.77 Car pay $700.00 $330.00
7.25% $2,174.44 7.25% $2,255.62 Insurances $150.00 $76.00
7.50% $2,228.75 7.50% $2,311.95 Cell Phone $100.00 $55.00
8.00% $2,338.87 8.00% $2,426.19 Phone $19.00 $19.00
8.50% $2,450.91 8.50% $2,542.41 Gas $150.00 $80.00
9.00% $2,564.73 9.00% $2,660.48 Electric $75.00 $50.00
Cable $90.00 $90.00
Child Care $0.00 $0.00
*Does not include taxes Food - $0.00 Weekly $0.00 Weekly
= $2,543.59 $635.90 $745.00 $186.25
Profit from house 52000
Steph's money 27000
My money 10000 $24,000.00 0% $400.00
Wedding money 8000
Total 97000
Wedding 8000
closing costs 7000
moving costs 0
down payment 56250
25750