Rate Annual Monthly

Mortgage 5.0% 0.41%

Home Growth 3.0% 0.25%
Costs (nominal) 0.10%
Rent Growth 1.0%
Stock Growth 0.80%

Investment Home Value Difference

Question 1: $ 979,355 $ 837,511 $ 141,843
Question 2: $ 737,257 $ 837,511 $ (100,254)
Question 3: $ 1,039,919 $ 1,066,335 $ (26,415)
Question 4: $ 765,797 $ 837,511 $ (71,714)
Question 5: $ 758,142 $ 837,511 $ (79,369)

Time Months Pymt Home Value Owner Costs

0 400,000.00
1 2,081.30 400,986.51 400.00
2 2,081.30 401,975.45 400.99
3 2,081.30 402,966.83 401.98
4 2,081.30 403,960.65 402.97
5 2,081.30 404,956.93 403.96
6 2,081.30 405,955.66 404.96
7 2,081.30 406,956.86 405.96
8 2,081.30 407,960.52 406.96
9 2,081.30 408,966.66 407.96
10 2,081.30 409,975.29 408.97
11 2,081.30 410,986.40 409.98
12 2,081.30 412,000.00 410.99
13 2,081.30 413,016.10 412.00
14 2,081.30 414,034.71 413.02
15 2,081.30 415,055.83 414.03
16 2,081.30 416,079.47 415.06
17 2,081.30 417,105.64 416.08
18 2,081.30 418,134.33 417.11
19 2,081.30 419,165.56 418.13
20 2,081.30 420,199.34 419.17
21 2,081.30 421,235.66 420.20
22 2,081.30 422,274.55 421.24
23 2,081.30 423,315.99 422.27
24 2,081.30 424,360.00 423.32
25 2,081.30 425,406.59 424.36
26 2,081.30 426,455.75 425.41
27 2,081.30 427,507.51 426.46
28 2,081.30 428,561.86 427.51
29 2,081.30 429,618.81 428.56
30 2,081.30 430,678.36 429.62
31 2,081.30 431,740.53 430.68
32 2,081.30 432,805.32 431.74
33 2,081.30 433,872.73 432.81
34 2,081.30 434,942.78 433.87
35 2,081.30 436,015.47 434.94
36 2,081.30 437,090.80 436.02
37 2,081.30 438,168.78 437.09
38 2,081.30 439,249.43 438.17
39 2,081.30 440,332.73 439.25
40 2,081.30 441,418.71 440.33
41 2,081.30 442,507.37 441.42
42 2,081.30 443,598.71 442.51
43 2,081.30 444,692.75 443.60
44 2,081.30 445,789.48 444.69
45 2,081.30 446,888.92 445.79
46 2,081.30 447,991.07 446.89
47 2,081.30 449,095.93 447.99
48 2,081.30 450,203.52 449.10
49 2,081.30 451,313.85 450.20
50 2,081.30 452,426.91 451.31
51 2,081.30 453,542.72 452.43
52 2,081.30 454,661.27 453.54
53 2,081.30 455,782.59 454.66
54 2,081.30 456,906.67 455.78
55 2,081.30 458,033.53 456.91
56 2,081.30 459,163.16 458.03
57 2,081.30 460,295.58 459.16
58 2,081.30 461,430.80 460.30
59 2,081.30 462,568.81 461.43
60 2,081.30 463,709.63 462.57
61 2,081.30 464,853.26 463.71
62 2,081.30 465,999.72 464.85
63 2,081.30 467,149.00 466.00
64 2,081.30 468,301.11 467.15
65 2,081.30 469,456.07 468.30
66 2,081.30 470,613.87 469.46
67 2,081.30 471,774.54 470.61
 68 2,081.30 472,938.06 471.77
69 2,081.30 474,104.45 472.94
70 2,081.30 475,273.72 474.10
71 2,081.30 476,445.87 475.27
72 2,081.30 477,620.92 476.45
73 2,081.30 478,798.86 477.62
74 2,081.30 479,979.71 478.80
75 2,081.30 481,163.47 479.98
76 2,081.30 482,350.15 481.16
77 2,081.30 483,539.75 482.35
78 2,081.30 484,732.29 483.54
79 2,081.30 485,927.77 484.73
80 2,081.30 487,126.20 485.93
81 2,081.30 488,327.59 487.13
82 2,081.30 489,531.93 488.33
83 2,081.30 490,739.25 489.53
84 2,081.30 491,949.55 490.74
85 2,081.30 493,162.83 491.95
86 2,081.30 494,379.10 493.16
87 2,081.30 495,598.37 494.38
88 2,081.30 496,820.65 495.60
89 2,081.30 498,045.94 496.82
90 2,081.30 499,274.26 498.05
91 2,081.30 500,505.60 499.27
92 2,081.30 501,739.99 500.51
93 2,081.30 502,977.41 501.74
94 2,081.30 504,217.89 502.98
95 2,081.30 505,461.43 504.22
96 2,081.30 506,708.03 505.46
97 2,081.30 507,957.71 506.71
98 2,081.30 509,210.47 507.96
99 2,081.30 510,466.32 509.21
100 2,081.30 511,725.27 510.47
101 2,081.30 512,987.32 511.73
102 2,081.30 514,252.49 512.99
103 2,081.30 515,520.77 514.25
104 2,081.30 516,792.19 515.52
105 2,081.30 518,066.74 516.79
106 2,081.30 519,344.43 518.07
107 2,081.30 520,625.27 519.34
108 2,081.30 521,909.27 520.63
109 2,081.30 523,196.44 521.91
110 2,081.30 524,486.79 523.20
111 2,081.30 525,780.31 524.49
112 2,081.30 527,077.03 525.78
113 2,081.30 528,376.94 527.08
114 2,081.30 529,680.06 528.38
115 2,081.30 530,986.40 529.68
116 2,081.30 532,295.95 530.99
117 2,081.30 533,608.74 532.30
118 2,081.30 534,924.76 533.61
119 2,081.30 536,244.03 534.92
120 2,081.30 537,566.55 536.24
121 2,081.30 538,892.34 537.57
122 2,081.30 540,221.39 538.89
123 2,081.30 541,553.72 540.22
124 2,081.30 542,889.34 541.55
125 2,081.30 544,228.25 542.89
126 2,081.30 545,570.46 544.23
127 2,081.30 546,915.99 545.57
128 2,081.30 548,264.83 546.92
129 2,081.30 549,617.00 548.26
130 2,081.30 550,972.50 549.62
131 2,081.30 552,331.35 550.97
132 2,081.30 553,693.55 552.33
133 2,081.30 555,059.11 553.69
134 2,081.30 556,428.03 555.06
135 2,081.30 557,800.33 556.43
136 2,081.30 559,176.02 557.80
137 2,081.30 560,555.10 559.18
138 2,081.30 561,937.58 560.56
139 2,081.30 563,323.47 561.94
140 2,081.30 564,712.78 563.32
141 2,081.30 566,105.51 564.71
142 2,081.30 567,501.68 566.11
143 2,081.30 568,901.29 567.50
144 2,081.30 570,304.35 568.90
145 2,081.30 571,710.88 570.30
146 2,081.30 573,120.87 571.71
147 2,081.30 574,534.34 573.12
148 2,081.30 575,951.30 574.53
149 2,081.30 577,371.75 575.95
150 2,081.30 578,795.71 577.37
151 2,081.30 580,223.17 578.80
152 2,081.30 581,654.16 580.22
153 2,081.30 583,088.67 581.65
154 2,081.30 584,526.73 583.09
155 2,081.30 585,968.33 584.53
156 2,081.30 587,413.49 585.97
157 2,081.30 588,862.21 587.41
158 2,081.30 590,314.50 588.86
159 2,081.30 591,770.37 590.31
160 2,081.30 593,229.84 591.77
161 2,081.30 594,692.90 593.23
162 2,081.30 596,159.58 594.69
163 2,081.30 597,629.87 596.16
164 2,081.30 599,103.78 597.63
165 2,081.30 600,581.34 599.10
166 2,081.30 602,062.53 600.58
167 2,081.30 603,547.38 602.06
168 2,081.30 605,035.89 603.55
169 2,081.30 606,528.07 605.04
170 2,081.30 608,023.93 606.53
171 2,081.30 609,523.48 608.02
172 2,081.30 611,026.73 609.52
173 2,081.30 612,533.69 611.03
174 2,081.30 614,044.36 612.53
175 2,081.30 615,558.76 614.04
176 2,081.30 617,076.90 615.56
177 2,081.30 618,598.78 617.08
178 2,081.30 620,124.41 618.60
179 2,081.30 621,653.80 620.12
180 2,081.30 623,186.97 621.65
181 2,081.30 624,723.91 623.19
182 2,081.30 626,264.65 624.72
183 2,081.30 627,809.19 626.26
184 2,081.30 629,357.54 627.81
185 2,081.30 630,909.70 629.36
186 2,081.30 632,465.69 630.91
187 2,081.30 634,025.53 632.47
188 2,081.30 635,589.20 634.03
189 2,081.30 637,156.74 635.59
190 2,081.30 638,728.14 637.16
191 2,081.30 640,303.41 638.73
192 2,081.30 641,882.58 640.30
193 2,081.30 643,465.63 641.88
194 2,081.30 645,052.59 643.47
195 2,081.30 646,643.46 645.05
196 2,081.30 648,238.26 646.64
197 2,081.30 649,836.99 648.24
198 2,081.30 651,439.67 649.84
199 2,081.30 653,046.29 651.44
200 2,081.30 654,656.88 653.05
201 2,081.30 656,271.44 654.66
202 2,081.30 657,889.98 656.27
203 2,081.30 659,512.52 657.89
204 2,081.30 661,139.05 659.51
205 2,081.30 662,769.60 661.14
206 2,081.30 664,404.17 662.77
207 2,081.30 666,042.77 664.40
208 2,081.30 667,685.41 666.04
209 2,081.30 669,332.10 667.69
210 2,081.30 670,982.86 669.33
211 2,081.30 672,637.68 670.98
212 2,081.30 674,296.59 672.64
213 2,081.30 675,959.58 674.30
214 2,081.30 677,626.68 675.96
215 2,081.30 679,297.89 677.63
216 2,081.30 680,973.22 679.30
217 2,081.30 682,652.69 680.97
218 2,081.30 684,336.29 682.65
219 2,081.30 686,024.05 684.34
220 2,081.30 687,715.97 686.02
221 2,081.30 689,412.07 687.72
222 2,081.30 691,112.34 689.41
223 2,081.30 692,816.81 691.11
224 2,081.30 694,525.48 692.82
225 2,081.30 696,238.37 694.53
226 2,081.30 697,955.48 696.24
227 2,081.30 699,676.83 697.96
228 2,081.30 701,402.42 699.68
229 2,081.30 703,132.27 701.40
230 2,081.30 704,866.38 703.13
231 2,081.30 706,604.77 704.87
232 2,081.30 708,347.45 706.60
233 2,081.30 710,094.43 708.35
234 2,081.30 711,845.71 710.09
235 2,081.30 713,601.32 711.85
236 2,081.30 715,361.25 713.60
237 2,081.30 717,125.52 715.36
238 2,081.30 718,894.15 717.13
239 2,081.30 720,667.13 718.89
240 2,081.30 722,444.49 720.67
241 2,081.30 724,226.24 722.44
242 2,081.30 726,012.37 724.23
243 2,081.30 727,802.92 726.01
244 2,081.30 729,597.87 727.80
245 2,081.30 731,397.26 729.60
246 2,081.30 733,201.08 731.40
247 2,081.30 735,009.35 733.20
248 2,081.30 736,822.09 735.01
249 2,081.30 738,639.29 736.82
250 2,081.30 740,460.97 738.64
251 2,081.30 742,287.15 740.46
252 2,081.30 744,117.83 742.29
253 2,081.30 745,953.02 744.12
254 2,081.30 747,792.75 745.95
255 2,081.30 749,637.00 747.79
256 2,081.30 751,485.81 749.64
257 2,081.30 753,339.18 751.49
258 2,081.30 755,197.12 753.34
259 2,081.30 757,059.64 755.20
260 2,081.30 758,926.75 757.06
261 2,081.30 760,798.47 758.93
262 2,081.30 762,674.80 760.80
263 2,081.30 764,555.76 762.67
264 2,081.30 766,441.36 764.56
265 2,081.30 768,331.61 766.44
266 2,081.30 770,226.53 768.33
267 2,081.30 772,126.11 770.23
268 2,081.30 774,030.39 772.13
269 2,081.30 775,939.35 774.03
270 2,081.30 777,853.03 775.94
271 2,081.30 779,771.42 777.85
272 2,081.30 781,694.55 779.77
273 2,081.30 783,622.42 781.69
274 2,081.30 785,555.04 783.62
275 2,081.30 787,492.44 785.56
276 2,081.30 789,434.60 787.49
277 2,081.30 791,381.56 789.43
278 2,081.30 793,333.32 791.38
279 2,081.30 795,289.90 793.33
280 2,081.30 797,251.30 795.29
281 2,081.30 799,217.53 797.25
282 2,081.30 801,188.62 799.22
283 2,081.30 803,164.57 801.19
284 2,081.30 805,145.39 803.16
285 2,081.30 807,131.09 805.15
286 2,081.30 809,121.70 807.13
287 2,081.30 811,117.21 809.12
288 2,081.30 813,117.64 811.12
289 2,081.30 815,123.01 813.12
290 2,081.30 817,133.32 815.12
291 2,081.30 819,148.59 817.13
292 2,081.30 821,168.84 819.15
293 2,081.30 823,194.06 821.17
294 2,081.30 825,224.28 823.19
295 2,081.30 827,259.50 825.22
296 2,081.30 829,299.75 827.26
297 2,081.30 831,345.03 829.30
298 2,081.30 833,395.35 831.35
299 2,081.30 835,450.72 833.40
300 2,081.30 837,511.17 835.45
Sum
 Home Purchase Price
Down Payment
Mortgage Loan
Amortization Period (year) 25
Amortization Period (month)
Monthly Mortgage Payment
Starting Rent

Decision Explanation
To rent The future value of the investment is higher than the future value of the
To buy a home As the mortgage rate decreases, the monthly mortgage payment decrea
To buy a home As the home growth rate increases, the future value of the home increas
To buy a home As the monthly investment return drops, the future value of the investme
To buy a home As the annual increment on rental increases, the money invested each m

Rent Invest FV (Invest)

40,000.00 436,736.64
2,000.00 481.30 5,213.30
2,000.00 482.28 5,182.53
2,000.00 483.27 5,151.94
2,000.00 484.26 5,121.53
2,000.00 485.26 5,091.31
2,000.00 486.25 5,061.28
2,000.00 487.25 5,031.42
2,000.00 488.25 5,001.74
2,000.00 489.26 4,972.25
2,000.00 490.26 4,942.93
2,000.00 491.27 4,913.79
2,000.00 492.28 4,884.82
2,020.00 473.30 4,659.15
2,020.00 474.31 4,632.10
2,020.00 475.33 4,605.20
2,020.00 476.35 4,578.47
2,020.00 477.38 4,551.89
2,020.00 478.40 4,525.47
2,020.00 479.43 4,499.21
2,020.00 480.46 4,473.10
2,020.00 481.50 4,447.15
2,020.00 482.53 4,421.35
2,020.00 483.57 4,395.71
2,020.00 484.61 4,370.21
2,040.20 465.46 4,164.15
2,040.20 466.50 4,140.39
2,040.20 467.55 4,116.77
2,040.20 468.60 4,093.28
2,040.20 469.66 4,069.93
2,040.20 470.72 4,046.72
2,040.20 471.78 4,023.64
2,040.20 472.84 4,000.69
2,040.20 473.90 3,977.88
2,040.20 474.97 3,955.20
2,040.20 476.04 3,932.64
2,040.20 477.11 3,910.22
2,060.60 457.79 3,722.05
2,060.60 458.86 3,701.21
2,060.60 459.94 3,680.48
2,060.60 461.03 3,659.87
2,060.60 462.11 3,639.38
2,060.60 463.20 3,619.00
2,060.60 464.29 3,598.74
2,060.60 465.39 3,578.59
2,060.60 466.48 3,558.55
2,060.60 467.58 3,538.63
2,060.60 468.69 3,518.82
2,060.60 469.79 3,499.12
2,081.21 450.29 3,327.28
2,081.21 451.40 3,309.01
2,081.21 452.52 3,290.84
2,081.21 453.63 3,272.77
2,081.21 454.75 3,254.80
2,081.21 455.87 3,236.93
2,081.21 457.00 3,219.16
2,081.21 458.12 3,201.49
2,081.21 459.25 3,183.91
2,081.21 460.39 3,166.43
2,081.21 461.52 3,149.05
2,081.21 462.66 3,131.76
2,102.02 442.99 2,974.80
2,102.02 444.13 2,958.81
2,102.02 445.28 2,942.91
2,102.02 446.43 2,927.09
2,102.02 447.58 2,911.35
2,102.02 448.73 2,895.70
2,102.02 449.89 2,880.13
2,102.02 451.05 2,864.64
2,102.02 452.22 2,849.24
2,102.02 453.38 2,833.91
2,102.02 454.55 2,818.67
2,102.02 455.72 2,803.51
2,123.04 435.88 2,660.15
2,123.04 437.06 2,646.17
2,123.04 438.24 2,632.26
2,123.04 439.42 2,618.42
2,123.04 440.61 2,604.66
2,123.04 441.80 2,590.96
2,123.04 442.99 2,577.34
2,123.04 444.18 2,563.78
2,123.04 445.38 2,550.30
2,123.04 446.58 2,536.88
2,123.04 447.79 2,523.53
2,123.04 449.00 2,510.25
2,144.27 428.98 2,379.29
2,144.27 430.19 2,367.08
2,144.27 431.41 2,354.94
2,144.27 432.63 2,342.85
2,144.27 433.85 2,330.82
2,144.27 435.07 2,318.85
2,144.27 436.30 2,306.95
2,144.27 437.53 2,295.10
2,144.27 438.77 2,283.30
2,144.27 440.00 2,271.57
2,144.27 441.24 2,259.90
2,144.27 442.49 2,248.28
2,165.71 422.29 2,128.63
2,165.71 423.54 2,117.99
2,165.71 424.79 2,107.39
2,165.71 426.05 2,096.85
2,165.71 427.31 2,086.36
2,165.71 428.57 2,075.91
2,165.71 429.84 2,065.51
2,165.71 431.10 2,055.17
2,165.71 432.38 2,044.87
2,165.71 433.65 2,034.62
2,165.71 434.93 2,024.42
2,165.71 436.21 2,014.27
2,187.37 415.84 1,904.95
2,187.37 417.12 1,895.68
2,187.37 418.41 1,886.46
2,187.37 419.71 1,877.27
2,187.37 421.00 1,868.12
2,187.37 422.30 1,859.02
2,187.37 423.61 1,849.96
2,187.37 424.91 1,840.93
2,187.37 426.22 1,831.95
2,187.37 427.54 1,823.01
2,187.37 428.85 1,814.11
2,187.37 430.17 1,805.25
2,209.24 409.62 1,705.36
2,209.24 410.95 1,697.30
2,209.24 412.27 1,689.28
2,209.24 413.61 1,681.29
2,209.24 414.94 1,673.33
2,209.24 416.28 1,665.40
2,209.24 417.62 1,657.51
2,209.24 418.97 1,649.66
2,209.24 420.32 1,641.83
2,209.24 421.67 1,634.04
2,209.24 423.03 1,626.29
2,209.24 424.38 1,618.56
2,231.34 403.65 1,527.28
2,231.34 405.02 1,520.28
2,231.34 406.39 1,513.32
2,231.34 407.76 1,506.37
2,231.34 409.14 1,499.46
2,231.34 410.52 1,492.58
2,231.34 411.90 1,485.72
2,231.34 413.28 1,478.88
2,231.34 414.67 1,472.08
2,231.34 416.07 1,465.30
2,231.34 417.46 1,458.55
2,231.34 418.86 1,451.82
2,253.65 397.95 1,368.40
2,253.65 399.36 1,362.34
2,253.65 400.77 1,356.30
2,253.65 402.18 1,350.28
2,253.65 403.60 1,344.28
2,253.65 405.02 1,338.31
2,253.65 406.44 1,332.35
2,253.65 407.87 1,326.42
2,253.65 409.30 1,320.51
2,253.65 410.74 1,314.62
2,253.65 412.17 1,308.75
2,253.65 413.62 1,302.91
2,276.19 392.52 1,226.66
2,276.19 393.97 1,221.41
2,276.19 395.43 1,216.18
2,276.19 396.88 1,210.97
2,276.19 398.34 1,205.78
2,276.19 399.80 1,200.61
2,276.19 401.27 1,195.45
2,276.19 402.74 1,190.30
2,276.19 404.21 1,185.18
2,276.19 405.69 1,180.07
2,276.19 407.17 1,174.98
2,276.19 408.66 1,169.90
2,298.95 387.38 1,100.20
2,298.95 388.88 1,095.67
2,298.95 390.37 1,091.16
2,298.95 391.87 1,086.66
2,298.95 393.38 1,082.17
2,298.95 394.88 1,077.69
2,298.95 396.39 1,073.23
2,298.95 397.91 1,068.78
2,298.95 399.43 1,064.34
2,298.95 400.95 1,059.92
2,298.95 402.47 1,055.51
2,298.95 404.00 1,051.11
2,321.94 382.55 987.39
2,321.94 384.08 983.49
2,321.94 385.62 979.59
2,321.94 387.17 975.71
2,321.94 388.72 971.84
2,321.94 390.27 967.98
2,321.94 391.83 964.12
2,321.94 393.39 960.28
2,321.94 394.95 956.44
2,321.94 396.52 952.62
2,321.94 398.09 948.80
2,321.94 399.66 945.00
2,345.16 378.02 886.74
2,345.16 379.61 883.38
2,345.16 381.19 880.04
2,345.16 382.78 876.70
2,345.16 384.38 873.36
2,345.16 385.98 870.03
2,345.16 387.58 866.71
2,345.16 389.19 863.40
2,345.16 390.80 860.09
2,345.16 392.41 856.79
2,345.16 394.03 853.50
2,345.16 395.65 850.21
2,368.61 373.83 796.93
2,368.61 375.46 794.06
2,368.61 377.09 791.18
2,368.61 378.73 788.32
2,368.61 380.37 785.45
2,368.61 382.02 782.59
2,368.61 383.67 779.73
2,368.61 385.33 776.88
2,368.61 386.99 774.04
2,368.61 388.65 771.19
2,368.61 390.32 768.35
2,368.61 391.99 765.52
2,392.29 369.98 716.80
2,392.29 371.66 714.34
2,392.29 373.34 711.88
2,392.29 375.03 709.42
2,392.29 376.72 706.97
2,392.29 378.41 704.51
2,392.29 380.11 702.06
2,392.29 381.82 699.61
2,392.29 383.53 697.17
2,392.29 385.24 694.72
2,392.29 386.96 692.28
2,392.29 388.68 689.84
2,416.22 366.48 645.28
2,416.22 368.21 643.18
2,416.22 369.95 641.08
2,416.22 371.68 638.98
2,416.22 373.43 636.89
2,416.22 375.17 634.79
2,416.22 376.93 632.69
2,416.22 378.68 630.59
2,416.22 380.44 628.49
2,416.22 382.21 626.40
2,416.22 383.97 624.30
2,416.22 385.75 622.21
2,440.38 363.36 581.45
2,440.38 365.14 579.66
2,440.38 366.93 577.87
2,440.38 368.72 576.09
2,440.38 370.52 574.30
2,440.38 372.31 572.50
2,440.38 374.12 570.71
2,440.38 375.93 568.92
2,440.38 377.74 567.13
2,440.38 379.56 565.33
2,440.38 381.38 563.54
2,440.38 383.20 561.74
2,464.78 360.63 524.46
2,464.78 362.47 522.94
2,464.78 364.31 521.42
2,464.78 366.15 519.90
2,464.78 368.00 518.38
2,464.78 369.85 516.86
2,464.78 371.71 515.33
2,464.78 373.57 513.80
2,464.78 375.44 512.27
2,464.78 377.31 510.74
2,464.78 379.19 509.21
2,464.78 381.07 507.67
2,489.43 358.31 473.56
2,489.43 360.20 472.28
2,489.43 362.09 471.00
2,489.43 363.99 469.71
2,489.43 365.90 468.42
2,489.43 367.81 467.13
2,489.43 369.72 465.83
2,489.43 371.64 464.53
2,489.43 373.56 463.23
2,489.43 375.49 461.92
2,489.43 377.42 460.62
2,489.43 379.36 459.31
2,514.33 356.41 428.09
2,514.33 358.35 427.01
2,514.33 360.30 425.93
2,514.33 362.26 424.85
2,514.33 364.22 423.76
2,514.33 366.19 422.66
2,514.33 368.16 421.57
2,514.33 370.14 420.46
2,514.33 372.12 419.36
2,514.33 374.10 418.25
2,514.33 376.09 417.14
2,514.33 378.09 416.03
2,539.47 354.95 387.46
2,539.47 356.95 386.56
2,539.47 358.96 385.65
2,539.47 360.98 384.74
2,539.47 363.00 383.82
2,539.47 365.02 382.90
2,539.47 367.05 381.97
2,539.47 369.09 381.04
2,539.47 371.13 380.11
2,539.47 373.17 379.17
2,539.47 375.22 378.23
2,539.47 377.28 377.28
$ 979,355
 $ 400,000
$ 40,000
$ 360,000

300
2,081.30
$ 2,000

he future value of the home.

gage payment decreases. As a result, the money invested each month decreases. The future value of
ue of the home increases. In the meantime, ownership costs on the home increase as well. As a result,
e value of the investment decreases and become lower than the future value of the home.
money invested each month becomes less. The future value of the investment becomes lower than the
. The future value of the investment is lower than the future value of the home.
as well. As a result, the money invested each month increases. However ,the rise in the future value o

omes lower than the future value of the home.

he home.
ver ,the rise in the future value of the investment is lower than the rise in the future value of the home
e in the future value of the home.
 Rate Annual Monthly
Mortgage 4.0% 0.33%
Home Growth 3.0% 0.25%
Costs (nominal) 0.10%
Rent Growth 1.0%
Stock Growth 0.80%

Investment Home Value Difference

Question 1:
Question 2:
Question 3:
Question 4:
Question 5:

Time Months Pymt Home Value Owner Costs

0 400,000.00
1 1,886.03 400,986.51 400.00
2 1,886.03 401,975.45 400.99
3 1,886.03 402,966.83 401.98
4 1,886.03 403,960.65 402.97
5 1,886.03 404,956.93 403.96
6 1,886.03 405,955.66 404.96
7 1,886.03 406,956.86 405.96
8 1,886.03 407,960.52 406.96
9 1,886.03 408,966.66 407.96
10 1,886.03 409,975.29 408.97
11 1,886.03 410,986.40 409.98
12 1,886.03 412,000.00 410.99
13 1,886.03 413,016.10 412.00
14 1,886.03 414,034.71 413.02
15 1,886.03 415,055.83 414.03
16 1,886.03 416,079.47 415.06
17 1,886.03 417,105.64 416.08
18 1,886.03 418,134.33 417.11
19 1,886.03 419,165.56 418.13
20 1,886.03 420,199.34 419.17
21 1,886.03 421,235.66 420.20
22 1,886.03 422,274.55 421.24
23 1,886.03 423,315.99 422.27
24 1,886.03 424,360.00 423.32
25 1,886.03 425,406.59 424.36
26 1,886.03 426,455.75 425.41
27 1,886.03 427,507.51 426.46
28 1,886.03 428,561.86 427.51
29 1,886.03 429,618.81 428.56
30 1,886.03 430,678.36 429.62
31 1,886.03 431,740.53 430.68
32 1,886.03 432,805.32 431.74
33 1,886.03 433,872.73 432.81
34 1,886.03 434,942.78 433.87
35 1,886.03 436,015.47 434.94
36 1,886.03 437,090.80 436.02
37 1,886.03 438,168.78 437.09
38 1,886.03 439,249.43 438.17
39 1,886.03 440,332.73 439.25
40 1,886.03 441,418.71 440.33
41 1,886.03 442,507.37 441.42
42 1,886.03 443,598.71 442.51
43 1,886.03 444,692.75 443.60
44 1,886.03 445,789.48 444.69
45 1,886.03 446,888.92 445.79
46 1,886.03 447,991.07 446.89
47 1,886.03 449,095.93 447.99
48 1,886.03 450,203.52 449.10
49 1,886.03 451,313.85 450.20
50 1,886.03 452,426.91 451.31
51 1,886.03 453,542.72 452.43
52 1,886.03 454,661.27 453.54
53 1,886.03 455,782.59 454.66
54 1,886.03 456,906.67 455.78
55 1,886.03 458,033.53 456.91
56 1,886.03 459,163.16 458.03
57 1,886.03 460,295.58 459.16
58 1,886.03 461,430.80 460.30
59 1,886.03 462,568.81 461.43
60 1,886.03 463,709.63 462.57
61 1,886.03 464,853.26 463.71
62 1,886.03 465,999.72 464.85
63 1,886.03 467,149.00 466.00
64 1,886.03 468,301.11 467.15
65 1,886.03 469,456.07 468.30
66 1,886.03 470,613.87 469.46
67 1,886.03 471,774.54 470.61
 68 1,886.03 472,938.06 471.77
69 1,886.03 474,104.45 472.94
70 1,886.03 475,273.72 474.10
71 1,886.03 476,445.87 475.27
72 1,886.03 477,620.92 476.45
73 1,886.03 478,798.86 477.62
74 1,886.03 479,979.71 478.80
75 1,886.03 481,163.47 479.98
76 1,886.03 482,350.15 481.16
77 1,886.03 483,539.75 482.35
78 1,886.03 484,732.29 483.54
79 1,886.03 485,927.77 484.73
80 1,886.03 487,126.20 485.93
81 1,886.03 488,327.59 487.13
82 1,886.03 489,531.93 488.33
83 1,886.03 490,739.25 489.53
84 1,886.03 491,949.55 490.74
85 1,886.03 493,162.83 491.95
86 1,886.03 494,379.10 493.16
87 1,886.03 495,598.37 494.38
88 1,886.03 496,820.65 495.60
89 1,886.03 498,045.94 496.82
90 1,886.03 499,274.26 498.05
91 1,886.03 500,505.60 499.27
92 1,886.03 501,739.99 500.51
93 1,886.03 502,977.41 501.74
94 1,886.03 504,217.89 502.98
95 1,886.03 505,461.43 504.22
96 1,886.03 506,708.03 505.46
97 1,886.03 507,957.71 506.71
98 1,886.03 509,210.47 507.96
99 1,886.03 510,466.32 509.21
100 1,886.03 511,725.27 510.47
101 1,886.03 512,987.32 511.73
102 1,886.03 514,252.49 512.99
103 1,886.03 515,520.77 514.25
104 1,886.03 516,792.19 515.52
105 1,886.03 518,066.74 516.79
106 1,886.03 519,344.43 518.07
107 1,886.03 520,625.27 519.34
108 1,886.03 521,909.27 520.63
109 1,886.03 523,196.44 521.91
110 1,886.03 524,486.79 523.20
111 1,886.03 525,780.31 524.49
112 1,886.03 527,077.03 525.78
113 1,886.03 528,376.94 527.08
114 1,886.03 529,680.06 528.38
115 1,886.03 530,986.40 529.68
116 1,886.03 532,295.95 530.99
117 1,886.03 533,608.74 532.30
118 1,886.03 534,924.76 533.61
119 1,886.03 536,244.03 534.92
120 1,886.03 537,566.55 536.24
121 1,886.03 538,892.34 537.57
122 1,886.03 540,221.39 538.89
123 1,886.03 541,553.72 540.22
124 1,886.03 542,889.34 541.55
125 1,886.03 544,228.25 542.89
126 1,886.03 545,570.46 544.23
127 1,886.03 546,915.99 545.57
128 1,886.03 548,264.83 546.92
129 1,886.03 549,617.00 548.26
130 1,886.03 550,972.50 549.62
131 1,886.03 552,331.35 550.97
132 1,886.03 553,693.55 552.33
133 1,886.03 555,059.11 553.69
134 1,886.03 556,428.03 555.06
135 1,886.03 557,800.33 556.43
136 1,886.03 559,176.02 557.80
137 1,886.03 560,555.10 559.18
138 1,886.03 561,937.58 560.56
139 1,886.03 563,323.47 561.94
140 1,886.03 564,712.78 563.32
141 1,886.03 566,105.51 564.71
142 1,886.03 567,501.68 566.11
143 1,886.03 568,901.29 567.50
144 1,886.03 570,304.35 568.90
145 1,886.03 571,710.88 570.30
146 1,886.03 573,120.87 571.71
147 1,886.03 574,534.34 573.12
148 1,886.03 575,951.30 574.53
149 1,886.03 577,371.75 575.95
150 1,886.03 578,795.71 577.37
151 1,886.03 580,223.17 578.80
152 1,886.03 581,654.16 580.22
153 1,886.03 583,088.67 581.65
154 1,886.03 584,526.73 583.09
155 1,886.03 585,968.33 584.53
156 1,886.03 587,413.49 585.97
157 1,886.03 588,862.21 587.41
158 1,886.03 590,314.50 588.86
159 1,886.03 591,770.37 590.31
160 1,886.03 593,229.84 591.77
161 1,886.03 594,692.90 593.23
162 1,886.03 596,159.58 594.69
163 1,886.03 597,629.87 596.16
164 1,886.03 599,103.78 597.63
165 1,886.03 600,581.34 599.10
166 1,886.03 602,062.53 600.58
167 1,886.03 603,547.38 602.06
168 1,886.03 605,035.89 603.55
169 1,886.03 606,528.07 605.04
170 1,886.03 608,023.93 606.53
171 1,886.03 609,523.48 608.02
172 1,886.03 611,026.73 609.52
173 1,886.03 612,533.69 611.03
174 1,886.03 614,044.36 612.53
175 1,886.03 615,558.76 614.04
176 1,886.03 617,076.90 615.56
177 1,886.03 618,598.78 617.08
178 1,886.03 620,124.41 618.60
179 1,886.03 621,653.80 620.12
180 1,886.03 623,186.97 621.65
181 1,886.03 624,723.91 623.19
182 1,886.03 626,264.65 624.72
183 1,886.03 627,809.19 626.26
184 1,886.03 629,357.54 627.81
185 1,886.03 630,909.70 629.36
186 1,886.03 632,465.69 630.91
187 1,886.03 634,025.53 632.47
188 1,886.03 635,589.20 634.03
189 1,886.03 637,156.74 635.59
190 1,886.03 638,728.14 637.16
191 1,886.03 640,303.41 638.73
192 1,886.03 641,882.58 640.30
193 1,886.03 643,465.63 641.88
194 1,886.03 645,052.59 643.47
195 1,886.03 646,643.46 645.05
196 1,886.03 648,238.26 646.64
197 1,886.03 649,836.99 648.24
198 1,886.03 651,439.67 649.84
199 1,886.03 653,046.29 651.44
200 1,886.03 654,656.88 653.05
201 1,886.03 656,271.44 654.66
202 1,886.03 657,889.98 656.27
203 1,886.03 659,512.52 657.89
204 1,886.03 661,139.05 659.51
205 1,886.03 662,769.60 661.14
206 1,886.03 664,404.17 662.77
207 1,886.03 666,042.77 664.40
208 1,886.03 667,685.41 666.04
209 1,886.03 669,332.10 667.69
210 1,886.03 670,982.86 669.33
211 1,886.03 672,637.68 670.98
212 1,886.03 674,296.59 672.64
213 1,886.03 675,959.58 674.30
214 1,886.03 677,626.68 675.96
215 1,886.03 679,297.89 677.63
216 1,886.03 680,973.22 679.30
217 1,886.03 682,652.69 680.97
218 1,886.03 684,336.29 682.65
219 1,886.03 686,024.05 684.34
220 1,886.03 687,715.97 686.02
221 1,886.03 689,412.07 687.72
222 1,886.03 691,112.34 689.41
223 1,886.03 692,816.81 691.11
224 1,886.03 694,525.48 692.82
225 1,886.03 696,238.37 694.53
226 1,886.03 697,955.48 696.24
227 1,886.03 699,676.83 697.96
228 1,886.03 701,402.42 699.68
229 1,886.03 703,132.27 701.40
230 1,886.03 704,866.38 703.13
231 1,886.03 706,604.77 704.87
232 1,886.03 708,347.45 706.60
233 1,886.03 710,094.43 708.35
234 1,886.03 711,845.71 710.09
235 1,886.03 713,601.32 711.85
236 1,886.03 715,361.25 713.60
237 1,886.03 717,125.52 715.36
238 1,886.03 718,894.15 717.13
239 1,886.03 720,667.13 718.89
240 1,886.03 722,444.49 720.67
241 1,886.03 724,226.24 722.44
242 1,886.03 726,012.37 724.23
243 1,886.03 727,802.92 726.01
244 1,886.03 729,597.87 727.80
245 1,886.03 731,397.26 729.60
246 1,886.03 733,201.08 731.40
247 1,886.03 735,009.35 733.20
248 1,886.03 736,822.09 735.01
249 1,886.03 738,639.29 736.82
250 1,886.03 740,460.97 738.64
251 1,886.03 742,287.15 740.46
252 1,886.03 744,117.83 742.29
253 1,886.03 745,953.02 744.12
254 1,886.03 747,792.75 745.95
255 1,886.03 749,637.00 747.79
256 1,886.03 751,485.81 749.64
257 1,886.03 753,339.18 751.49
258 1,886.03 755,197.12 753.34
259 1,886.03 757,059.64 755.20
260 1,886.03 758,926.75 757.06
261 1,886.03 760,798.47 758.93
262 1,886.03 762,674.80 760.80
263 1,886.03 764,555.76 762.67
264 1,886.03 766,441.36 764.56
265 1,886.03 768,331.61 766.44
266 1,886.03 770,226.53 768.33
267 1,886.03 772,126.11 770.23
268 1,886.03 774,030.39 772.13
269 1,886.03 775,939.35 774.03
270 1,886.03 777,853.03 775.94
271 1,886.03 779,771.42 777.85
272 1,886.03 781,694.55 779.77
273 1,886.03 783,622.42 781.69
274 1,886.03 785,555.04 783.62
275 1,886.03 787,492.44 785.56
276 1,886.03 789,434.60 787.49
277 1,886.03 791,381.56 789.43
278 1,886.03 793,333.32 791.38
279 1,886.03 795,289.90 793.33
280 1,886.03 797,251.30 795.29
281 1,886.03 799,217.53 797.25
282 1,886.03 801,188.62 799.22
283 1,886.03 803,164.57 801.19
284 1,886.03 805,145.39 803.16
285 1,886.03 807,131.09 805.15
286 1,886.03 809,121.70 807.13
287 1,886.03 811,117.21 809.12
288 1,886.03 813,117.64 811.12
289 1,886.03 815,123.01 813.12
290 1,886.03 817,133.32 815.12
291 1,886.03 819,148.59 817.13
292 1,886.03 821,168.84 819.15
293 1,886.03 823,194.06 821.17
294 1,886.03 825,224.28 823.19
295 1,886.03 827,259.50 825.22
296 1,886.03 829,299.75 827.26
297 1,886.03 831,345.03 829.30
298 1,886.03 833,395.35 831.35
299 1,886.03 835,450.72 833.40
300 1,886.03 837,511.17 835.45
Sum
 Home Purchase Price
Down Payment
Mortgage Loan
Amortization Period (year) 25
Amortization Period (month)
Monthly Mortgage Payment
Starting Rent

Decision Explanation

Rent Invest FV (Invest)

40,000.00 436,736.64
2,000.00 286.03 3,098.17
2,000.00 287.01 3,084.18
2,000.00 288.00 3,070.25
2,000.00 288.99 3,056.37
2,000.00 289.99 3,042.54
2,000.00 290.98 3,028.76
2,000.00 291.98 3,015.03
2,000.00 292.98 3,001.36
2,000.00 293.99 2,987.74
2,000.00 294.99 2,974.17
2,000.00 296.00 2,960.66
2,000.00 297.01 2,947.19
2,020.00 278.03 2,736.90
2,020.00 279.04 2,725.10
2,020.00 280.06 2,713.34
2,020.00 281.08 2,701.62
2,020.00 282.11 2,689.94
2,020.00 283.13 2,678.30
2,020.00 284.16 2,666.70
2,020.00 285.19 2,655.13
2,020.00 286.23 2,643.61
2,020.00 287.26 2,632.12
2,020.00 288.30 2,620.68
2,020.00 289.34 2,609.27
2,040.20 270.19 2,417.19
2,040.20 271.23 2,407.29
2,040.20 272.28 2,397.42
2,040.20 273.33 2,387.58
2,040.20 274.39 2,377.77
2,040.20 275.45 2,367.99
2,040.20 276.50 2,358.23
2,040.20 277.57 2,348.50
2,040.20 278.63 2,338.80
2,040.20 279.70 2,329.13
2,040.20 280.77 2,319.48
2,040.20 281.84 2,309.86
2,060.60 262.52 2,134.39
2,060.60 263.59 2,126.15
2,060.60 264.67 2,117.92
2,060.60 265.76 2,109.71
2,060.60 266.84 2,101.52
2,060.60 267.93 2,093.35
2,060.60 269.02 2,085.19
2,060.60 270.12 2,077.06
2,060.60 271.21 2,068.94
2,060.60 272.31 2,060.84
2,060.60 273.42 2,052.76
2,060.60 274.52 2,044.70
2,081.21 255.02 1,884.39
2,081.21 256.13 1,877.58
2,081.21 257.25 1,870.77
2,081.21 258.36 1,863.97
2,081.21 259.48 1,857.18
2,081.21 260.60 1,850.41
2,081.21 261.73 1,843.64
2,081.21 262.85 1,836.88
2,081.21 263.98 1,830.14
2,081.21 265.11 1,823.40
2,081.21 266.25 1,816.67
2,081.21 267.39 1,809.96
2,102.02 247.72 1,663.49
2,102.02 248.86 1,657.91
2,102.02 250.01 1,652.33
2,102.02 251.16 1,646.75
2,102.02 252.31 1,641.18
2,102.02 253.46 1,635.60
2,102.02 254.62 1,630.04
2,102.02 255.78 1,624.47
2,102.02 256.94 1,618.91
2,102.02 258.11 1,613.35
2,102.02 259.28 1,607.80
2,102.02 260.45 1,602.25
2,123.04 240.61 1,468.42
2,123.04 241.79 1,463.89
2,123.04 242.97 1,459.37
2,123.04 244.15 1,454.84
2,123.04 245.34 1,450.31
2,123.04 246.53 1,445.78
2,123.04 247.72 1,441.24
2,123.04 248.91 1,436.70
2,123.04 250.11 1,432.16
2,123.04 251.31 1,427.62
2,123.04 252.52 1,423.08
2,123.04 253.73 1,418.53
2,144.27 233.71 1,296.23
2,144.27 234.92 1,292.62
2,144.27 236.13 1,289.00
2,144.27 237.35 1,285.37
2,144.27 238.58 1,281.74
2,144.27 239.80 1,278.10
2,144.27 241.03 1,274.45
2,144.27 242.26 1,270.79
2,144.27 243.50 1,267.13
2,144.27 244.73 1,263.46
2,144.27 245.97 1,259.79
2,144.27 247.22 1,256.11
2,165.71 227.02 1,144.34
2,165.71 228.27 1,141.51
2,165.71 229.52 1,138.66
2,165.71 230.78 1,135.80
2,165.71 232.04 1,132.94
2,165.71 233.30 1,130.06
2,165.71 234.57 1,127.17
2,165.71 235.83 1,124.27
2,165.71 237.11 1,121.36
2,165.71 238.38 1,118.44
2,165.71 239.66 1,115.51
2,165.71 240.94 1,112.57
2,187.37 220.57 1,010.41
2,187.37 221.85 1,008.24
2,187.37 223.14 1,006.06
2,187.37 224.44 1,003.86
2,187.37 225.73 1,001.65
2,187.37 227.03 999.42
2,187.37 228.34 997.18
2,187.37 229.64 994.92
2,187.37 230.95 992.66
2,187.37 232.26 990.38
2,187.37 233.58 988.08
2,187.37 234.90 985.78
2,209.24 214.35 892.39
2,209.24 215.67 890.79
2,209.24 217.00 889.16
2,209.24 218.34 887.52
2,209.24 219.67 885.86
2,209.24 221.01 884.19
2,209.24 222.35 882.50
2,209.24 223.70 880.79
2,209.24 225.05 879.07
2,209.24 226.40 877.34
2,209.24 227.75 875.58
2,209.24 229.11 873.82
2,231.34 208.38 788.45
2,231.34 209.75 787.31
2,231.34 211.12 786.16
2,231.34 212.49 784.99
2,231.34 213.87 783.81
2,231.34 215.24 782.60
2,231.34 216.63 781.37
2,231.34 218.01 780.13
2,231.34 219.40 778.87
2,231.34 220.80 777.60
2,231.34 222.19 776.30
2,231.34 223.59 774.99
2,253.65 202.68 696.94
2,253.65 204.09 696.21
2,253.65 205.50 695.45
2,253.65 206.91 694.68
2,253.65 208.33 693.89
2,253.65 209.75 693.07
2,253.65 211.17 692.24
2,253.65 212.60 691.39
2,253.65 214.03 690.52
2,253.65 215.47 689.63
2,253.65 216.90 688.72
2,253.65 218.34 687.80
2,276.19 197.25 616.43
2,276.19 198.70 616.02
2,276.19 200.15 615.60
2,276.19 201.61 615.16
2,276.19 203.07 614.69
2,276.19 204.53 614.21
2,276.19 206.00 613.70
2,276.19 207.47 613.18
2,276.19 208.94 612.63
2,276.19 210.42 612.07
2,276.19 211.90 611.49
2,276.19 213.39 610.88
2,298.95 192.11 545.62
2,298.95 193.61 545.49
2,298.95 195.10 545.34
2,298.95 196.60 545.17
2,298.95 198.10 544.98
2,298.95 199.61 544.77
2,298.95 201.12 544.54
2,298.95 202.64 544.28
2,298.95 204.16 544.01
2,298.95 205.68 543.71
2,298.95 207.20 543.40
2,298.95 208.73 543.07
2,321.94 187.28 483.38
2,321.94 188.81 483.47
2,321.94 190.35 483.55
2,321.94 191.90 483.61
2,321.94 193.45 483.64
2,321.94 195.00 483.65
2,321.94 196.55 483.64
2,321.94 198.11 483.61
2,321.94 199.68 483.56
2,321.94 201.25 483.49
2,321.94 202.82 483.39
2,321.94 204.39 483.28
2,345.16 182.75 428.69
2,345.16 184.33 428.97
2,345.16 185.92 429.23
2,345.16 187.51 429.46
2,345.16 189.11 429.68
2,345.16 190.71 429.87
2,345.16 192.31 430.04
2,345.16 193.92 430.20
2,345.16 195.53 430.33
2,345.16 197.14 430.44
2,345.16 198.76 430.53
2,345.16 200.38 430.60
2,368.61 178.56 380.65
2,368.61 180.19 381.08
2,368.61 181.82 381.48
2,368.61 183.46 381.87
2,368.61 185.10 382.23
2,368.61 186.75 382.57
2,368.61 188.40 382.89
2,368.61 190.06 383.18
2,368.61 191.71 383.46
2,368.61 193.38 383.72
2,368.61 195.04 383.95
2,368.61 196.72 384.17
2,392.29 174.70 338.48
2,392.29 176.38 339.02
2,392.29 178.07 339.54
2,392.29 179.76 340.04
2,392.29 181.45 340.51
2,392.29 183.14 340.97
2,392.29 184.84 341.40
2,392.29 186.55 341.82
2,392.29 188.26 342.21
2,392.29 189.97 342.58
2,392.29 191.69 342.93
2,392.29 193.41 343.27
2,416.22 171.21 301.46
2,416.22 172.94 302.09
2,416.22 174.68 302.70
2,416.22 176.41 303.28
2,416.22 178.16 303.85
2,416.22 179.90 304.39
2,416.22 181.65 304.92
2,416.22 183.41 305.42
2,416.22 185.17 305.90
2,416.22 186.93 306.37
2,416.22 188.70 306.81
2,416.22 190.48 307.24
2,440.38 168.09 268.98
2,440.38 169.87 269.67
2,440.38 171.66 270.34
2,440.38 173.45 271.00
2,440.38 175.24 271.63
2,440.38 177.04 272.24
2,440.38 178.85 272.83
2,440.38 180.66 273.40
2,440.38 182.47 273.95
2,440.38 184.29 274.48
2,440.38 186.11 275.00
2,440.38 187.93 275.49
2,464.78 165.36 240.48
2,464.78 167.20 241.22
2,464.78 169.04 241.94
2,464.78 170.88 242.64
2,464.78 172.73 243.31
2,464.78 174.58 243.97
2,464.78 176.44 244.61
2,464.78 178.30 245.23
2,464.78 180.17 245.83
2,464.78 182.04 246.42
2,464.78 183.92 246.98
2,464.78 185.80 247.53
2,489.43 163.04 215.48
2,489.43 164.93 216.25
2,489.43 166.82 216.99
2,489.43 168.72 217.72
2,489.43 170.63 218.43
2,489.43 172.53 219.12
2,489.43 174.45 219.80
2,489.43 176.37 220.45
2,489.43 178.29 221.09
2,489.43 180.22 221.70
2,489.43 182.15 222.30
2,489.43 184.09 222.88
2,514.33 161.14 193.55
2,514.33 163.08 194.33
2,514.33 165.03 195.09
2,514.33 166.99 195.84
2,514.33 168.95 196.57
2,514.33 170.92 197.28
2,514.33 172.89 197.97
2,514.33 174.87 198.64
2,514.33 176.85 199.30
2,514.33 178.83 199.94
2,514.33 180.82 200.56
2,514.33 182.82 201.16
2,539.47 159.67 174.30
2,539.47 161.68 175.09
2,539.47 163.69 175.86
2,539.47 165.71 176.61
2,539.47 167.73 177.35
2,539.47 169.75 178.06
2,539.47 171.78 178.76
2,539.47 173.82 179.45
2,539.47 175.86 180.11
2,539.47 177.90 180.76
2,539.47 179.95 181.39
2,539.47 182.01 182.01
$ 737,257
$ 400,000
$ 40,000
$ 360,000

300
1,886.03
$ 2,000
 Rate Annual Monthly
Mortgage 5.0% 0.41%
Home Growth 4.0% 0.33%
Costs (nominal) 0.10%
Rent Growth 1.0%
Stock Growth 0.80%

Investment Home Value Difference

Question 1:
Question 2:
Question 3:
Question 4:
Question 5:

Time Months Pymt Home Value Owner Costs

0 400,000.00
1 2,081.30 401,309.50 400.00
2 2,081.30 402,623.28 401.31
3 2,081.30 403,941.36 402.62
4 2,081.30 405,263.76 403.94
5 2,081.30 406,590.49 405.26
6 2,081.30 407,921.56 406.59
7 2,081.30 409,256.99 407.92
8 2,081.30 410,596.79 409.26
9 2,081.30 411,940.98 410.60
10 2,081.30 413,289.57 411.94
11 2,081.30 414,642.57 413.29
12 2,081.30 416,000.00 414.64
13 2,081.30 417,361.88 416.00
14 2,081.30 418,728.21 417.36
15 2,081.30 420,099.02 418.73
16 2,081.30 421,474.31 420.10
17 2,081.30 422,854.11 421.47
18 2,081.30 424,238.42 422.85
19 2,081.30 425,627.27 424.24
20 2,081.30 427,020.66 425.63
21 2,081.30 428,418.62 427.02
22 2,081.30 429,821.15 428.42
23 2,081.30 431,228.27 429.82
24 2,081.30 432,640.00 431.23
25 2,081.30 434,056.35 432.64
26 2,081.30 435,477.34 434.06
27 2,081.30 436,902.98 435.48
28 2,081.30 438,333.28 436.90
29 2,081.30 439,768.27 438.33
30 2,081.30 441,207.96 439.77
31 2,081.30 442,652.36 441.21
32 2,081.30 444,101.49 442.65
33 2,081.30 445,555.36 444.10
34 2,081.30 447,013.99 445.56
35 2,081.30 448,477.40 447.01
36 2,081.30 449,945.60 448.48
37 2,081.30 451,418.60 449.95
38 2,081.30 452,896.43 451.42
39 2,081.30 454,379.10 452.90
40 2,081.30 455,866.62 454.38
41 2,081.30 457,359.00 455.87
42 2,081.30 458,856.28 457.36
43 2,081.30 460,358.45 458.86
44 2,081.30 461,865.55 460.36
45 2,081.30 463,377.58 461.87
46 2,081.30 464,894.55 463.38
47 2,081.30 466,416.50 464.89
48 2,081.30 467,943.42 466.42
49 2,081.30 469,475.35 467.94
50 2,081.30 471,012.29 469.48
51 2,081.30 472,554.26 471.01
52 2,081.30 474,101.28 472.55
53 2,081.30 475,653.36 474.10
54 2,081.30 477,210.53 475.65
55 2,081.30 478,772.79 477.21
56 2,081.30 480,340.17 478.77
57 2,081.30 481,912.68 480.34
58 2,081.30 483,490.34 481.91
59 2,081.30 485,073.16 483.49
60 2,081.30 486,661.16 485.07
61 2,081.30 488,254.36 486.66
62 2,081.30 489,852.78 488.25
63 2,081.30 491,456.43 489.85
64 2,081.30 493,065.33 491.46
65 2,081.30 494,679.50 493.07
66 2,081.30 496,298.95 494.68
67 2,081.30 497,923.70 496.30
 68 2,081.30 499,553.78 497.92
69 2,081.30 501,189.19 499.55
70 2,081.30 502,829.95 501.19
71 2,081.30 504,476.08 502.83
72 2,081.30 506,127.61 504.48
73 2,081.30 507,784.54 506.13
74 2,081.30 509,446.89 507.78
75 2,081.30 511,114.69 509.45
76 2,081.30 512,787.94 511.11
77 2,081.30 514,466.68 512.79
78 2,081.30 516,150.91 514.47
79 2,081.30 517,840.65 516.15
80 2,081.30 519,535.93 517.84
81 2,081.30 521,236.75 519.54
82 2,081.30 522,943.15 521.24
83 2,081.30 524,655.13 522.94
84 2,081.30 526,372.71 524.66
85 2,081.30 528,095.92 526.37
86 2,081.30 529,824.77 528.10
87 2,081.30 531,559.28 529.82
88 2,081.30 533,299.46 531.56
89 2,081.30 535,045.35 533.30
90 2,081.30 536,796.95 535.05
91 2,081.30 538,554.28 536.80
92 2,081.30 540,317.37 538.55
93 2,081.30 542,086.22 540.32
94 2,081.30 543,860.87 542.09
95 2,081.30 545,641.33 543.86
96 2,081.30 547,427.62 545.64
97 2,081.30 549,219.76 547.43
98 2,081.30 551,017.76 549.22
99 2,081.30 552,821.65 551.02
100 2,081.30 554,631.44 552.82
101 2,081.30 556,447.16 554.63
102 2,081.30 558,268.82 556.45
103 2,081.30 560,096.45 558.27
104 2,081.30 561,930.06 560.10
105 2,081.30 563,769.67 561.93
106 2,081.30 565,615.31 563.77
107 2,081.30 567,466.99 565.62
108 2,081.30 569,324.72 567.47
109 2,081.30 571,188.55 569.32
110 2,081.30 573,058.47 571.19
111 2,081.30 574,934.51 573.06
112 2,081.30 576,816.70 574.93
113 2,081.30 578,705.05 576.82
114 2,081.30 580,599.58 578.71
115 2,081.30 582,500.31 580.60
116 2,081.30 584,407.26 582.50
117 2,081.30 586,320.46 584.41
118 2,081.30 588,239.92 586.32
119 2,081.30 590,165.67 588.24
120 2,081.30 592,097.71 590.17
121 2,081.30 594,036.09 592.10
122 2,081.30 595,980.81 594.04
123 2,081.30 597,931.89 595.98
124 2,081.30 599,889.37 597.93
125 2,081.30 601,853.25 599.89
126 2,081.30 603,823.56 601.85
127 2,081.30 605,800.32 603.82
128 2,081.30 607,783.55 605.80
129 2,081.30 609,773.28 607.78
130 2,081.30 611,769.52 609.77
131 2,081.30 613,772.29 611.77
132 2,081.30 615,781.62 613.77
133 2,081.30 617,797.53 615.78
134 2,081.30 619,820.04 617.80
135 2,081.30 621,849.17 619.82
136 2,081.30 623,884.94 621.85
137 2,081.30 625,927.38 623.88
138 2,081.30 627,976.50 625.93
139 2,081.30 630,032.33 627.98
140 2,081.30 632,094.90 630.03
141 2,081.30 634,164.21 632.09
142 2,081.30 636,240.30 634.16
143 2,081.30 638,323.18 636.24
144 2,081.30 640,412.89 638.32
145 2,081.30 642,509.43 640.41
146 2,081.30 644,612.84 642.51
147 2,081.30 646,723.14 644.61
148 2,081.30 648,840.34 646.72
149 2,081.30 650,964.47 648.84
150 2,081.30 653,095.56 650.96
151 2,081.30 655,233.63 653.10
152 2,081.30 657,378.69 655.23
153 2,081.30 659,530.78 657.38
154 2,081.30 661,689.91 659.53
155 2,081.30 663,856.11 661.69
156 2,081.30 666,029.40 663.86
157 2,081.30 668,209.81 666.03
158 2,081.30 670,397.35 668.21
159 2,081.30 672,592.06 670.40
160 2,081.30 674,793.95 672.59
161 2,081.30 677,003.05 674.79
162 2,081.30 679,219.38 677.00
163 2,081.30 681,442.97 679.22
164 2,081.30 683,673.84 681.44
165 2,081.30 685,912.01 683.67
166 2,081.30 688,157.51 685.91
167 2,081.30 690,410.36 688.16
168 2,081.30 692,670.58 690.41
169 2,081.30 694,938.20 692.67
170 2,081.30 697,213.25 694.94
171 2,081.30 699,495.74 697.21
172 2,081.30 701,785.71 699.50
173 2,081.30 704,083.17 701.79
174 2,081.30 706,388.16 704.08
175 2,081.30 708,700.69 706.39
176 2,081.30 711,020.79 708.70
177 2,081.30 713,348.49 711.02
178 2,081.30 715,683.81 713.35
179 2,081.30 718,026.77 715.68
180 2,081.30 720,377.40 718.03
181 2,081.30 722,735.73 720.38
182 2,081.30 725,101.78 722.74
183 2,081.30 727,475.57 725.10
184 2,081.30 729,857.14 727.48
185 2,081.30 732,246.50 729.86
186 2,081.30 734,643.69 732.25
187 2,081.30 737,048.72 734.64
188 2,081.30 739,461.62 737.05
189 2,081.30 741,882.43 739.46
190 2,081.30 744,311.16 741.88
191 2,081.30 746,747.84 744.31
192 2,081.30 749,192.50 746.75
193 2,081.30 751,645.16 749.19
194 2,081.30 754,105.85 751.65
195 2,081.30 756,574.60 754.11
196 2,081.30 759,051.42 756.57
197 2,081.30 761,536.36 759.05
198 2,081.30 764,029.43 761.54
199 2,081.30 766,530.67 764.03
200 2,081.30 769,040.09 766.53
201 2,081.30 771,557.73 769.04
202 2,081.30 774,083.61 771.56
203 2,081.30 776,617.75 774.08
204 2,081.30 779,160.20 776.62
205 2,081.30 781,710.97 779.16
206 2,081.30 784,270.08 781.71
207 2,081.30 786,837.58 784.27
208 2,081.30 789,413.48 786.84
209 2,081.30 791,997.82 789.41
210 2,081.30 794,590.61 792.00
211 2,081.30 797,191.89 794.59
212 2,081.30 799,801.69 797.19
213 2,081.30 802,420.04 799.80
214 2,081.30 805,046.95 802.42
215 2,081.30 807,682.46 805.05
216 2,081.30 810,326.61 807.68
217 2,081.30 812,979.40 810.33
218 2,081.30 815,640.89 812.98
219 2,081.30 818,311.08 815.64
220 2,081.30 820,990.02 818.31
221 2,081.30 823,677.73 820.99
222 2,081.30 826,374.24 823.68
223 2,081.30 829,079.57 826.37
224 2,081.30 831,793.76 829.08
225 2,081.30 834,516.84 831.79
226 2,081.30 837,248.83 834.52
227 2,081.30 839,989.76 837.25
228 2,081.30 842,739.67 839.99
229 2,081.30 845,498.58 842.74
230 2,081.30 848,266.52 845.50
231 2,081.30 851,043.53 848.27
232 2,081.30 853,829.62 851.04
233 2,081.30 856,624.84 853.83
234 2,081.30 859,429.20 856.62
235 2,081.30 862,242.75 859.43
236 2,081.30 865,065.51 862.24
237 2,081.30 867,897.51 865.07
238 2,081.30 870,738.78 867.90
239 2,081.30 873,589.35 870.74
240 2,081.30 876,449.26 873.59
241 2,081.30 879,318.52 876.45
242 2,081.30 882,197.18 879.32
243 2,081.30 885,085.27 882.20
244 2,081.30 887,982.81 885.09
245 2,081.30 890,889.83 887.98
246 2,081.30 893,806.37 890.89
247 2,081.30 896,732.46 893.81
248 2,081.30 899,668.13 896.73
249 2,081.30 902,613.41 899.67
250 2,081.30 905,568.33 902.61
251 2,081.30 908,532.93 905.57
252 2,081.30 911,507.23 908.53
253 2,081.30 914,491.26 911.51
254 2,081.30 917,485.07 914.49
255 2,081.30 920,488.68 917.49
256 2,081.30 923,502.12 920.49
257 2,081.30 926,525.42 923.50
258 2,081.30 929,558.63 926.53
259 2,081.30 932,601.76 929.56
260 2,081.30 935,654.86 932.60
261 2,081.30 938,717.95 935.65
262 2,081.30 941,791.07 938.72
263 2,081.30 944,874.24 941.79
264 2,081.30 947,967.52 944.87
265 2,081.30 951,070.92 947.97
266 2,081.30 954,184.47 951.07
267 2,081.30 957,308.23 954.18
268 2,081.30 960,442.20 957.31
269 2,081.30 963,586.44 960.44
270 2,081.30 966,740.97 963.59
271 2,081.30 969,905.83 966.74
272 2,081.30 973,081.05 969.91
273 2,081.30 976,266.66 973.08
274 2,081.30 979,462.71 976.27
275 2,081.30 982,669.21 979.46
276 2,081.30 985,886.22 982.67
277 2,081.30 989,113.75 985.89
278 2,081.30 992,351.85 989.11
279 2,081.30 995,600.55 992.35
280 2,081.30 998,859.89 995.60
281 2,081.30 1,002,129.90 998.86
282 2,081.30 1,005,410.61 1,002.13
283 2,081.30 1,008,702.06 1,005.41
284 2,081.30 1,012,004.29 1,008.70
285 2,081.30 1,015,317.33 1,012.00
286 2,081.30 1,018,641.22 1,015.32
287 2,081.30 1,021,975.98 1,018.64
288 2,081.30 1,025,321.67 1,021.98
289 2,081.30 1,028,678.30 1,025.32
290 2,081.30 1,032,045.93 1,028.68
291 2,081.30 1,035,424.58 1,032.05
292 2,081.30 1,038,814.29 1,035.42
293 2,081.30 1,042,215.10 1,038.81
294 2,081.30 1,045,627.04 1,042.22
295 2,081.30 1,049,050.15 1,045.63
296 2,081.30 1,052,484.46 1,049.05
297 2,081.30 1,055,930.02 1,052.48
298 2,081.30 1,059,386.86 1,055.93
299 2,081.30 1,062,855.02 1,059.39
300 2,081.30 1,066,334.53 1,062.86
Sum
 Home Purchase Price
Down Payment
Mortgage Loan
Amortization Period (year) 25
Amortization Period (month)
Monthly Mortgage Payment
Starting Rent

Decision Explanation

Rent Invest FV (Invest)

40,000.00 436,736.64
2,000.00 481.30 5,213.30
2,000.00 482.61 5,186.00
2,000.00 483.92 5,158.84
2,000.00 485.24 5,131.84
2,000.00 486.56 5,104.99
2,000.00 487.89 5,078.28
2,000.00 489.22 5,051.72
2,000.00 490.55 5,025.31
2,000.00 491.89 4,999.04
2,000.00 493.24 4,972.92
2,000.00 494.59 4,946.94
2,000.00 495.94 4,921.10
2,020.00 477.30 4,698.53
2,020.00 478.66 4,674.54
2,020.00 480.03 4,650.68
2,020.00 481.40 4,626.94
2,020.00 482.77 4,603.33
2,020.00 484.15 4,579.85
2,020.00 485.54 4,556.49
2,020.00 486.92 4,533.26
2,020.00 488.32 4,510.15
2,020.00 489.72 4,487.17
2,020.00 491.12 4,464.30
2,020.00 492.53 4,441.56
2,040.20 473.74 4,238.23
2,040.20 475.15 4,217.16
2,040.20 476.57 4,196.20
2,040.20 478.00 4,175.35
2,040.20 479.43 4,154.61
2,040.20 480.87 4,133.97
2,040.20 482.31 4,113.44
2,040.20 483.75 4,093.02
2,040.20 485.20 4,072.70
2,040.20 486.65 4,052.48
2,040.20 488.11 4,032.37
2,040.20 489.57 4,012.36
2,060.60 470.64 3,826.57
2,060.60 472.11 3,808.08
2,060.60 473.59 3,789.69
2,060.60 475.07 3,771.38
2,060.60 476.56 3,753.16
2,060.60 478.05 3,735.04
2,060.60 479.55 3,717.00
2,060.60 481.05 3,699.05
2,060.60 482.56 3,681.19
2,060.60 484.07 3,663.41
2,060.60 485.59 3,645.73
2,060.60 487.11 3,628.13
2,081.21 468.03 3,458.36
2,081.21 469.56 3,442.14
2,081.21 471.10 3,426.00
2,081.21 472.64 3,409.93
2,081.21 474.19 3,393.94
2,081.21 475.74 3,378.03
2,081.21 477.30 3,362.19
2,081.21 478.86 3,346.42
2,081.21 480.43 3,330.73
2,081.21 482.00 3,315.11
2,081.21 483.58 3,299.56
2,081.21 485.16 3,284.09
2,102.02 465.94 3,128.93
2,102.02 467.53 3,114.71
2,102.02 469.13 3,100.56
2,102.02 470.73 3,086.46
2,102.02 472.34 3,072.43
2,102.02 473.96 3,058.46
2,102.02 475.58 3,044.56
2,102.02 477.20 3,030.71
2,102.02 478.83 3,016.93
2,102.02 480.47 3,003.21
2,102.02 482.11 2,989.55
2,102.02 483.75 2,975.95
2,123.04 464.38 2,834.12
2,123.04 466.04 2,821.66
2,123.04 467.70 2,809.25
2,123.04 469.37 2,796.90
2,123.04 471.05 2,784.59
2,123.04 472.72 2,772.33
2,123.04 474.41 2,760.13
2,123.04 476.10 2,747.98
2,123.04 477.79 2,735.88
2,123.04 479.49 2,723.82
2,123.04 481.20 2,711.82
2,123.04 482.91 2,699.87
2,144.27 463.40 2,570.22
2,144.27 465.12 2,559.30
2,144.27 466.85 2,548.43
2,144.27 468.59 2,537.59
2,144.27 470.33 2,526.80
2,144.27 472.07 2,516.05
2,144.27 473.82 2,505.35
2,144.27 475.58 2,494.68
2,144.27 477.34 2,484.06
2,144.27 479.11 2,473.48
2,144.27 480.89 2,462.93
2,144.27 482.67 2,452.43
2,165.71 463.01 2,333.89
2,165.71 464.80 2,324.33
2,165.71 466.60 2,314.80
2,165.71 468.41 2,305.31
2,165.71 470.22 2,295.85
2,165.71 472.03 2,286.42
2,165.71 473.85 2,277.03
2,165.71 475.68 2,267.67
2,165.71 477.51 2,258.34
2,165.71 479.35 2,249.05
2,165.71 481.20 2,239.79
2,165.71 483.05 2,230.57
2,187.37 463.25 2,122.16
2,187.37 465.12 2,113.79
2,187.37 466.99 2,105.44
2,187.37 468.86 2,097.13
2,187.37 470.74 2,088.83
2,187.37 472.63 2,080.57
2,187.37 474.53 2,072.33
2,187.37 476.43 2,064.12
2,187.37 478.33 2,055.93
2,187.37 480.25 2,047.77
2,187.37 482.17 2,039.64
2,187.37 484.09 2,031.53
2,209.24 464.15 1,932.39
2,209.24 466.09 1,925.06
2,209.24 468.03 1,917.75
2,209.24 469.99 1,910.46
2,209.24 471.94 1,903.19
2,209.24 473.91 1,895.94
2,209.24 475.88 1,888.72
2,209.24 477.85 1,881.51
2,209.24 479.84 1,874.32
2,209.24 481.83 1,867.16
2,209.24 483.82 1,860.01
2,209.24 485.83 1,852.89
2,231.34 465.74 1,762.20
2,231.34 467.76 1,755.78
2,231.34 469.78 1,749.38
2,231.34 471.81 1,742.99
2,231.34 473.85 1,736.62
2,231.34 475.89 1,730.26
2,231.34 477.94 1,723.92
2,231.34 479.99 1,717.59
2,231.34 482.06 1,711.28
2,231.34 484.12 1,704.99
2,231.34 486.20 1,698.71
2,231.34 488.28 1,692.45
2,253.65 468.06 1,609.48
2,253.65 470.16 1,603.85
2,253.65 472.26 1,598.24
2,253.65 474.37 1,592.64
2,253.65 476.49 1,587.06
2,253.65 478.61 1,581.48
2,253.65 480.74 1,575.91
2,253.65 482.88 1,570.36
2,253.65 485.03 1,564.82
2,253.65 487.18 1,559.29
2,253.65 489.34 1,553.77
2,253.65 491.50 1,548.26
2,276.19 471.14 1,472.33
2,276.19 473.32 1,467.41
2,276.19 475.51 1,462.49
2,276.19 477.70 1,457.58
2,276.19 479.90 1,452.68
2,276.19 482.11 1,447.78
2,276.19 484.33 1,442.89
2,276.19 486.55 1,438.01
2,276.19 488.78 1,433.14
2,276.19 491.02 1,428.28
2,276.19 493.27 1,423.42
2,276.19 495.52 1,418.58
2,298.95 475.02 1,349.09
2,298.95 477.29 1,344.77
2,298.95 479.56 1,340.46
2,298.95 481.84 1,336.15
2,298.95 484.13 1,331.85
2,298.95 486.43 1,327.55
2,298.95 488.74 1,323.25
2,298.95 491.05 1,318.96
2,298.95 493.37 1,314.67
2,298.95 495.70 1,310.39
2,298.95 498.03 1,306.12
2,298.95 500.38 1,301.85
2,321.94 479.74 1,238.24
2,321.94 482.10 1,234.46
2,321.94 484.46 1,230.67
2,321.94 486.84 1,226.88
2,321.94 489.22 1,223.10
2,321.94 491.61 1,219.32
2,321.94 494.00 1,215.54
2,321.94 496.41 1,211.77
2,321.94 498.82 1,207.99
2,321.94 501.24 1,204.22
2,321.94 503.67 1,200.45
2,321.94 506.11 1,196.69
2,345.16 485.33 1,138.46
2,345.16 487.79 1,135.13
2,345.16 490.25 1,131.80
2,345.16 492.71 1,128.47
2,345.16 495.19 1,125.14
2,345.16 497.68 1,121.82
2,345.16 500.17 1,118.49
2,345.16 502.67 1,115.16
2,345.16 505.18 1,111.83
2,345.16 507.70 1,108.50
2,345.16 510.22 1,105.18
2,345.16 512.76 1,101.85
2,368.61 491.85 1,048.53
2,368.61 494.40 1,045.61
2,368.61 496.96 1,042.68
2,368.61 499.53 1,039.75
2,368.61 502.10 1,036.81
2,368.61 504.69 1,033.88
2,368.61 507.28 1,030.94
2,368.61 509.88 1,028.01
2,368.61 512.49 1,025.07
2,368.61 515.11 1,022.13
2,368.61 517.74 1,019.19
2,368.61 520.37 1,016.24
2,392.29 499.33 967.41
2,392.29 501.98 964.83
2,392.29 504.64 962.25
2,392.29 507.31 959.66
2,392.29 509.99 957.07
2,392.29 512.68 954.48
2,392.29 515.38 951.89
2,392.29 518.08 949.29
2,392.29 520.80 946.69
2,392.29 523.52 944.09
2,392.29 526.25 941.48
2,392.29 528.99 938.87
2,416.22 507.82 894.14
2,416.22 510.58 891.87
2,416.22 513.35 889.58
2,416.22 516.12 887.30
2,416.22 518.91 885.01
2,416.22 521.70 882.71
2,416.22 524.51 880.41
2,416.22 527.32 878.11
2,416.22 530.15 875.81
2,416.22 532.98 873.50
2,416.22 535.82 871.18
2,416.22 538.67 868.87
2,440.38 517.37 827.88
2,440.38 520.24 825.87
2,440.38 523.11 823.85
2,440.38 526.00 821.82
2,440.38 528.90 819.79
2,440.38 531.81 817.75
2,440.38 534.72 815.71
2,440.38 537.65 813.67
2,440.38 540.59 811.62
2,440.38 543.53 809.56
2,440.38 546.49 807.50
2,440.38 549.45 805.44
2,464.78 528.02 767.88
2,464.78 531.00 766.10
2,464.78 534.00 764.30
2,464.78 537.00 762.50
2,464.78 540.02 760.69
2,464.78 543.04 758.88
2,464.78 546.07 757.06
2,464.78 549.12 755.24
2,464.78 552.17 753.41
2,464.78 555.23 751.58
2,464.78 558.30 749.74
2,464.78 561.39 747.90
2,489.43 539.83 713.47
2,489.43 542.94 711.88
2,489.43 546.05 710.28
2,489.43 549.17 708.67
2,489.43 552.31 707.06
2,489.43 555.45 705.44
2,489.43 558.61 703.82
2,489.43 561.77 702.19
2,489.43 564.95 700.55
2,489.43 568.13 698.91
2,489.43 571.33 697.27
2,489.43 574.53 695.62
2,514.33 552.86 664.06
2,514.33 556.09 662.63
2,514.33 559.32 661.20
2,514.33 562.57 659.76
2,514.33 565.83 658.32
2,514.33 569.10 656.87
2,514.33 572.38 655.41
2,514.33 575.67 653.95
2,514.33 578.98 652.48
2,514.33 582.29 651.01
2,514.33 585.61 649.53
2,514.33 588.95 648.04
2,539.47 567.15 619.10
2,539.47 570.51 617.83
2,539.47 573.87 616.54
2,539.47 577.25 615.25
2,539.47 580.64 613.95
2,539.47 584.04 612.64
2,539.47 587.46 611.33
2,539.47 590.88 610.01
2,539.47 594.31 608.69
2,539.47 597.76 607.36
2,539.47 601.22 606.02
2,539.47 604.68 604.68
$ 1,039,919
$ 400,000
$ 40,000
$ 360,000

300
2,081.30
$ 2,000
 Rate Annual Monthly
Mortgage 5.0% 0.41%
Home Growth 3.0% 0.25%
Costs (nominal) 0.10%
Rent Growth 1.0%
Stock Growth 0.70%

Investment Home Value Difference

Question 1:
Question 2:
Question 3:
Question 4:
Question 5:

Time Months Pymt Home Value Owner Costs

0 400,000.00
1 2,081.30 400,986.51 400.00
2 2,081.30 401,975.45 400.99
3 2,081.30 402,966.83 401.98
4 2,081.30 403,960.65 402.97
5 2,081.30 404,956.93 403.96
6 2,081.30 405,955.66 404.96
7 2,081.30 406,956.86 405.96
8 2,081.30 407,960.52 406.96
9 2,081.30 408,966.66 407.96
10 2,081.30 409,975.29 408.97
11 2,081.30 410,986.40 409.98
12 2,081.30 412,000.00 410.99
13 2,081.30 413,016.10 412.00
14 2,081.30 414,034.71 413.02
15 2,081.30 415,055.83 414.03
16 2,081.30 416,079.47 415.06
17 2,081.30 417,105.64 416.08
18 2,081.30 418,134.33 417.11
19 2,081.30 419,165.56 418.13
20 2,081.30 420,199.34 419.17
21 2,081.30 421,235.66 420.20
22 2,081.30 422,274.55 421.24
23 2,081.30 423,315.99 422.27
24 2,081.30 424,360.00 423.32
25 2,081.30 425,406.59 424.36
26 2,081.30 426,455.75 425.41
27 2,081.30 427,507.51 426.46
28 2,081.30 428,561.86 427.51
29 2,081.30 429,618.81 428.56
30 2,081.30 430,678.36 429.62
31 2,081.30 431,740.53 430.68
32 2,081.30 432,805.32 431.74
33 2,081.30 433,872.73 432.81
34 2,081.30 434,942.78 433.87
35 2,081.30 436,015.47 434.94
36 2,081.30 437,090.80 436.02
37 2,081.30 438,168.78 437.09
38 2,081.30 439,249.43 438.17
39 2,081.30 440,332.73 439.25
40 2,081.30 441,418.71 440.33
41 2,081.30 442,507.37 441.42
42 2,081.30 443,598.71 442.51
43 2,081.30 444,692.75 443.60
44 2,081.30 445,789.48 444.69
45 2,081.30 446,888.92 445.79
46 2,081.30 447,991.07 446.89
47 2,081.30 449,095.93 447.99
48 2,081.30 450,203.52 449.10
49 2,081.30 451,313.85 450.20
50 2,081.30 452,426.91 451.31
51 2,081.30 453,542.72 452.43
52 2,081.30 454,661.27 453.54
53 2,081.30 455,782.59 454.66
54 2,081.30 456,906.67 455.78
55 2,081.30 458,033.53 456.91
56 2,081.30 459,163.16 458.03
57 2,081.30 460,295.58 459.16
58 2,081.30 461,430.80 460.30
59 2,081.30 462,568.81 461.43
60 2,081.30 463,709.63 462.57
61 2,081.30 464,853.26 463.71
62 2,081.30 465,999.72 464.85
63 2,081.30 467,149.00 466.00
64 2,081.30 468,301.11 467.15
65 2,081.30 469,456.07 468.30
66 2,081.30 470,613.87 469.46
67 2,081.30 471,774.54 470.61
 68 2,081.30 472,938.06 471.77
69 2,081.30 474,104.45 472.94
70 2,081.30 475,273.72 474.10
71 2,081.30 476,445.87 475.27
72 2,081.30 477,620.92 476.45
73 2,081.30 478,798.86 477.62
74 2,081.30 479,979.71 478.80
75 2,081.30 481,163.47 479.98
76 2,081.30 482,350.15 481.16
77 2,081.30 483,539.75 482.35
78 2,081.30 484,732.29 483.54
79 2,081.30 485,927.77 484.73
80 2,081.30 487,126.20 485.93
81 2,081.30 488,327.59 487.13
82 2,081.30 489,531.93 488.33
83 2,081.30 490,739.25 489.53
84 2,081.30 491,949.55 490.74
85 2,081.30 493,162.83 491.95
86 2,081.30 494,379.10 493.16
87 2,081.30 495,598.37 494.38
88 2,081.30 496,820.65 495.60
89 2,081.30 498,045.94 496.82
90 2,081.30 499,274.26 498.05
91 2,081.30 500,505.60 499.27
92 2,081.30 501,739.99 500.51
93 2,081.30 502,977.41 501.74
94 2,081.30 504,217.89 502.98
95 2,081.30 505,461.43 504.22
96 2,081.30 506,708.03 505.46
97 2,081.30 507,957.71 506.71
98 2,081.30 509,210.47 507.96
99 2,081.30 510,466.32 509.21
100 2,081.30 511,725.27 510.47
101 2,081.30 512,987.32 511.73
102 2,081.30 514,252.49 512.99
103 2,081.30 515,520.77 514.25
104 2,081.30 516,792.19 515.52
105 2,081.30 518,066.74 516.79
106 2,081.30 519,344.43 518.07
107 2,081.30 520,625.27 519.34
108 2,081.30 521,909.27 520.63
109 2,081.30 523,196.44 521.91
110 2,081.30 524,486.79 523.20
111 2,081.30 525,780.31 524.49
112 2,081.30 527,077.03 525.78
113 2,081.30 528,376.94 527.08
114 2,081.30 529,680.06 528.38
115 2,081.30 530,986.40 529.68
116 2,081.30 532,295.95 530.99
117 2,081.30 533,608.74 532.30
118 2,081.30 534,924.76 533.61
119 2,081.30 536,244.03 534.92
120 2,081.30 537,566.55 536.24
121 2,081.30 538,892.34 537.57
122 2,081.30 540,221.39 538.89
123 2,081.30 541,553.72 540.22
124 2,081.30 542,889.34 541.55
125 2,081.30 544,228.25 542.89
126 2,081.30 545,570.46 544.23
127 2,081.30 546,915.99 545.57
128 2,081.30 548,264.83 546.92
129 2,081.30 549,617.00 548.26
130 2,081.30 550,972.50 549.62
131 2,081.30 552,331.35 550.97
132 2,081.30 553,693.55 552.33
133 2,081.30 555,059.11 553.69
134 2,081.30 556,428.03 555.06
135 2,081.30 557,800.33 556.43
136 2,081.30 559,176.02 557.80
137 2,081.30 560,555.10 559.18
138 2,081.30 561,937.58 560.56
139 2,081.30 563,323.47 561.94
140 2,081.30 564,712.78 563.32
141 2,081.30 566,105.51 564.71
142 2,081.30 567,501.68 566.11
143 2,081.30 568,901.29 567.50
144 2,081.30 570,304.35 568.90
145 2,081.30 571,710.88 570.30
146 2,081.30 573,120.87 571.71
147 2,081.30 574,534.34 573.12
148 2,081.30 575,951.30 574.53
149 2,081.30 577,371.75 575.95
150 2,081.30 578,795.71 577.37
151 2,081.30 580,223.17 578.80
152 2,081.30 581,654.16 580.22
153 2,081.30 583,088.67 581.65
154 2,081.30 584,526.73 583.09
155 2,081.30 585,968.33 584.53
156 2,081.30 587,413.49 585.97
157 2,081.30 588,862.21 587.41
158 2,081.30 590,314.50 588.86
159 2,081.30 591,770.37 590.31
160 2,081.30 593,229.84 591.77
161 2,081.30 594,692.90 593.23
162 2,081.30 596,159.58 594.69
163 2,081.30 597,629.87 596.16
164 2,081.30 599,103.78 597.63
165 2,081.30 600,581.34 599.10
166 2,081.30 602,062.53 600.58
167 2,081.30 603,547.38 602.06
168 2,081.30 605,035.89 603.55
169 2,081.30 606,528.07 605.04
170 2,081.30 608,023.93 606.53
171 2,081.30 609,523.48 608.02
172 2,081.30 611,026.73 609.52
173 2,081.30 612,533.69 611.03
174 2,081.30 614,044.36 612.53
175 2,081.30 615,558.76 614.04
176 2,081.30 617,076.90 615.56
177 2,081.30 618,598.78 617.08
178 2,081.30 620,124.41 618.60
179 2,081.30 621,653.80 620.12
180 2,081.30 623,186.97 621.65
181 2,081.30 624,723.91 623.19
182 2,081.30 626,264.65 624.72
183 2,081.30 627,809.19 626.26
184 2,081.30 629,357.54 627.81
185 2,081.30 630,909.70 629.36
186 2,081.30 632,465.69 630.91
187 2,081.30 634,025.53 632.47
188 2,081.30 635,589.20 634.03
189 2,081.30 637,156.74 635.59
190 2,081.30 638,728.14 637.16
191 2,081.30 640,303.41 638.73
192 2,081.30 641,882.58 640.30
193 2,081.30 643,465.63 641.88
194 2,081.30 645,052.59 643.47
195 2,081.30 646,643.46 645.05
196 2,081.30 648,238.26 646.64
197 2,081.30 649,836.99 648.24
198 2,081.30 651,439.67 649.84
199 2,081.30 653,046.29 651.44
200 2,081.30 654,656.88 653.05
201 2,081.30 656,271.44 654.66
202 2,081.30 657,889.98 656.27
203 2,081.30 659,512.52 657.89
204 2,081.30 661,139.05 659.51
205 2,081.30 662,769.60 661.14
206 2,081.30 664,404.17 662.77
207 2,081.30 666,042.77 664.40
208 2,081.30 667,685.41 666.04
209 2,081.30 669,332.10 667.69
210 2,081.30 670,982.86 669.33
211 2,081.30 672,637.68 670.98
212 2,081.30 674,296.59 672.64
213 2,081.30 675,959.58 674.30
214 2,081.30 677,626.68 675.96
215 2,081.30 679,297.89 677.63
216 2,081.30 680,973.22 679.30
217 2,081.30 682,652.69 680.97
218 2,081.30 684,336.29 682.65
219 2,081.30 686,024.05 684.34
220 2,081.30 687,715.97 686.02
221 2,081.30 689,412.07 687.72
222 2,081.30 691,112.34 689.41
223 2,081.30 692,816.81 691.11
224 2,081.30 694,525.48 692.82
225 2,081.30 696,238.37 694.53
226 2,081.30 697,955.48 696.24
227 2,081.30 699,676.83 697.96
228 2,081.30 701,402.42 699.68
229 2,081.30 703,132.27 701.40
230 2,081.30 704,866.38 703.13
231 2,081.30 706,604.77 704.87
232 2,081.30 708,347.45 706.60
233 2,081.30 710,094.43 708.35
234 2,081.30 711,845.71 710.09
235 2,081.30 713,601.32 711.85
236 2,081.30 715,361.25 713.60
237 2,081.30 717,125.52 715.36
238 2,081.30 718,894.15 717.13
239 2,081.30 720,667.13 718.89
240 2,081.30 722,444.49 720.67
241 2,081.30 724,226.24 722.44
242 2,081.30 726,012.37 724.23
243 2,081.30 727,802.92 726.01
244 2,081.30 729,597.87 727.80
245 2,081.30 731,397.26 729.60
246 2,081.30 733,201.08 731.40
247 2,081.30 735,009.35 733.20
248 2,081.30 736,822.09 735.01
249 2,081.30 738,639.29 736.82
250 2,081.30 740,460.97 738.64
251 2,081.30 742,287.15 740.46
252 2,081.30 744,117.83 742.29
253 2,081.30 745,953.02 744.12
254 2,081.30 747,792.75 745.95
255 2,081.30 749,637.00 747.79
256 2,081.30 751,485.81 749.64
257 2,081.30 753,339.18 751.49
258 2,081.30 755,197.12 753.34
259 2,081.30 757,059.64 755.20
260 2,081.30 758,926.75 757.06
261 2,081.30 760,798.47 758.93
262 2,081.30 762,674.80 760.80
263 2,081.30 764,555.76 762.67
264 2,081.30 766,441.36 764.56
265 2,081.30 768,331.61 766.44
266 2,081.30 770,226.53 768.33
267 2,081.30 772,126.11 770.23
268 2,081.30 774,030.39 772.13
269 2,081.30 775,939.35 774.03
270 2,081.30 777,853.03 775.94
271 2,081.30 779,771.42 777.85
272 2,081.30 781,694.55 779.77
273 2,081.30 783,622.42 781.69
274 2,081.30 785,555.04 783.62
275 2,081.30 787,492.44 785.56
276 2,081.30 789,434.60 787.49
277 2,081.30 791,381.56 789.43
278 2,081.30 793,333.32 791.38
279 2,081.30 795,289.90 793.33
280 2,081.30 797,251.30 795.29
281 2,081.30 799,217.53 797.25
282 2,081.30 801,188.62 799.22
283 2,081.30 803,164.57 801.19
284 2,081.30 805,145.39 803.16
285 2,081.30 807,131.09 805.15
286 2,081.30 809,121.70 807.13
287 2,081.30 811,117.21 809.12
288 2,081.30 813,117.64 811.12
289 2,081.30 815,123.01 813.12
290 2,081.30 817,133.32 815.12
291 2,081.30 819,148.59 817.13
292 2,081.30 821,168.84 819.15
293 2,081.30 823,194.06 821.17
294 2,081.30 825,224.28 823.19
295 2,081.30 827,259.50 825.22
296 2,081.30 829,299.75 827.26
297 2,081.30 831,345.03 829.30
298 2,081.30 833,395.35 831.35
299 2,081.30 835,450.72 833.40
300 2,081.30 837,511.17 835.45
Sum
 Home Purchase Price
Down Payment
Mortgage Loan
Amortization Period (year) 25
Amortization Period (month)
Monthly Mortgage Payment
Starting Rent

Decision Explanation

Rent Invest FV (Invest)

40,000.00 324,265.81
2,000.00 481.30 3,874.59
2,000.00 482.28 3,855.54
2,000.00 483.27 3,836.59
2,000.00 484.26 3,817.73
2,000.00 485.26 3,798.98
2,000.00 486.25 3,780.31
2,000.00 487.25 3,761.75
2,000.00 488.25 3,743.27
2,000.00 489.26 3,724.89
2,000.00 490.26 3,706.61
2,000.00 491.27 3,688.41
2,000.00 492.28 3,670.31
2,020.00 473.30 3,504.23
2,020.00 474.31 3,487.34
2,020.00 475.33 3,470.53
2,020.00 476.35 3,453.81
2,020.00 477.38 3,437.17
2,020.00 478.40 3,420.62
2,020.00 479.43 3,404.15
2,020.00 480.46 3,387.75
2,020.00 481.50 3,371.44
2,020.00 482.53 3,355.21
2,020.00 483.57 3,339.06
2,020.00 484.61 3,322.99
2,040.20 465.46 3,169.45
2,040.20 466.50 3,154.50
2,040.20 467.55 3,139.62
2,040.20 468.60 3,124.80
2,040.20 469.66 3,110.07
2,040.20 470.72 3,095.40
2,040.20 471.78 3,080.80
2,040.20 472.84 3,066.27
2,040.20 473.90 3,051.81
2,040.20 474.97 3,037.42
2,040.20 476.04 3,023.11
2,040.20 477.11 3,008.86
2,060.60 457.79 2,866.91
2,060.60 458.86 2,853.68
2,060.60 459.94 2,840.52
2,060.60 461.03 2,827.42
2,060.60 462.11 2,814.38
2,060.60 463.20 2,801.40
2,060.60 464.29 2,788.48
2,060.60 465.39 2,775.62
2,060.60 466.48 2,762.82
2,060.60 467.58 2,750.08
2,060.60 468.69 2,737.40
2,060.60 469.79 2,724.78
2,081.21 450.29 2,593.54
2,081.21 451.40 2,581.86
2,081.21 452.52 2,570.23
2,081.21 453.63 2,558.66
2,081.21 454.75 2,547.14
2,081.21 455.87 2,535.67
2,081.21 457.00 2,524.25
2,081.21 458.12 2,512.89
2,081.21 459.25 2,501.57
2,081.21 460.39 2,490.31
2,081.21 461.52 2,479.09
2,081.21 462.66 2,467.93
2,102.02 442.99 2,346.58
2,102.02 444.13 2,336.28
2,102.02 445.28 2,326.03
2,102.02 446.43 2,315.82
2,102.02 447.58 2,305.66
2,102.02 448.73 2,295.54
2,102.02 449.89 2,285.46
2,102.02 451.05 2,275.43
2,102.02 452.22 2,265.44
2,102.02 453.38 2,255.50
2,102.02 454.55 2,245.60
2,102.02 455.72 2,235.74
2,123.04 435.88 2,123.51
2,123.04 437.06 2,114.45
2,123.04 438.24 2,105.43
2,123.04 439.42 2,096.44
2,123.04 440.61 2,087.49
2,123.04 441.80 2,078.57
2,123.04 442.99 2,069.70
2,123.04 444.18 2,060.85
2,123.04 445.38 2,052.05
2,123.04 446.58 2,043.28
2,123.04 447.79 2,034.55
2,123.04 449.00 2,025.86
2,144.27 428.98 1,922.07
2,144.27 430.19 1,914.11
2,144.27 431.41 1,906.18
2,144.27 432.63 1,898.28
2,144.27 433.85 1,890.41
2,144.27 435.07 1,882.57
2,144.27 436.30 1,874.76
2,144.27 437.53 1,866.98
2,144.27 438.77 1,859.23
2,144.27 440.00 1,851.52
2,144.27 441.24 1,843.83
2,144.27 442.49 1,836.17
2,165.71 422.29 1,740.19
2,165.71 423.54 1,733.20
2,165.71 424.79 1,726.25
2,165.71 426.05 1,719.31
2,165.71 427.31 1,712.41
2,165.71 428.57 1,705.53
2,165.71 429.84 1,698.67
2,165.71 431.10 1,691.84
2,165.71 432.38 1,685.03
2,165.71 433.65 1,678.25
2,165.71 434.93 1,671.50
2,165.71 436.21 1,664.77
2,187.37 415.84 1,575.98
2,187.37 417.12 1,569.87
2,187.37 418.41 1,563.78
2,187.37 419.71 1,557.71
2,187.37 421.00 1,551.66
2,187.37 422.30 1,545.63
2,187.37 423.61 1,539.63
2,187.37 424.91 1,533.64
2,187.37 426.22 1,527.67
2,187.37 427.54 1,521.72
2,187.37 428.85 1,515.80
2,187.37 430.17 1,509.89
2,209.24 409.62 1,427.76
2,209.24 410.95 1,422.43
2,209.24 412.27 1,417.11
2,209.24 413.61 1,411.80
2,209.24 414.94 1,406.52
2,209.24 416.28 1,401.25
2,209.24 417.62 1,395.99
2,209.24 418.97 1,390.76
2,209.24 420.32 1,385.54
2,209.24 421.67 1,380.33
2,209.24 423.03 1,375.14
2,209.24 424.38 1,369.97
2,231.34 403.65 1,293.99
2,231.34 405.02 1,289.34
2,231.34 406.39 1,284.71
2,231.34 407.76 1,280.09
2,231.34 409.14 1,275.48
2,231.34 410.52 1,270.88
2,231.34 411.90 1,266.29
2,231.34 413.28 1,261.72
2,231.34 414.67 1,257.16
2,231.34 416.07 1,252.62
2,231.34 417.46 1,248.09
2,231.34 418.86 1,243.56
2,253.65 397.95 1,173.27
2,253.65 399.36 1,169.23
2,253.65 400.77 1,165.21
2,253.65 402.18 1,161.19
2,253.65 403.60 1,157.18
2,253.65 405.02 1,153.18
2,253.65 406.44 1,149.19
2,253.65 407.87 1,145.21
2,253.65 409.30 1,141.24
2,253.65 410.74 1,137.28
2,253.65 412.17 1,133.32
2,253.65 413.62 1,129.38
2,276.19 392.52 1,064.34
2,276.19 393.97 1,060.84
2,276.19 395.43 1,057.35
2,276.19 396.88 1,053.87
2,276.19 398.34 1,050.39
2,276.19 399.80 1,046.92
2,276.19 401.27 1,043.46
2,276.19 402.74 1,040.00
2,276.19 404.21 1,036.55
2,276.19 405.69 1,033.11
2,276.19 407.17 1,029.67
2,276.19 408.66 1,026.24
2,298.95 387.38 966.06
2,298.95 388.88 963.04
2,298.95 390.37 960.02
2,298.95 391.87 957.01
2,298.95 393.38 954.00
2,298.95 394.88 951.00
2,298.95 396.39 948.00
2,298.95 397.91 945.01
2,298.95 399.43 942.02
2,298.95 400.95 939.04
2,298.95 402.47 936.06
2,298.95 404.00 933.08
2,321.94 382.55 877.39
2,321.94 384.08 874.79
2,321.94 385.62 872.19
2,321.94 387.17 869.60
2,321.94 388.72 867.01
2,321.94 390.27 864.42
2,321.94 391.83 861.83
2,321.94 393.39 859.25
2,321.94 394.95 856.67
2,321.94 396.52 854.09
2,321.94 398.09 851.51
2,321.94 399.66 848.94
2,345.16 378.02 797.39
2,345.16 379.61 795.16
2,345.16 381.19 792.94
2,345.16 382.78 790.71
2,345.16 384.38 788.49
2,345.16 385.98 786.26
2,345.16 387.58 784.04
2,345.16 389.19 781.82
2,345.16 390.80 779.59
2,345.16 392.41 777.37
2,345.16 394.03 775.15
2,345.16 395.65 772.94
2,368.61 373.83 725.22
2,368.61 375.46 723.32
2,368.61 377.09 721.42
2,368.61 378.73 719.52
2,368.61 380.37 717.62
2,368.61 382.02 715.71
2,368.61 383.67 713.81
2,368.61 385.33 711.91
2,368.61 386.99 710.00
2,368.61 388.65 708.09
2,368.61 390.32 706.19
2,368.61 391.99 704.28
2,392.29 369.98 660.11
2,392.29 371.66 658.50
2,392.29 373.34 656.89
2,392.29 375.03 655.27
2,392.29 376.72 653.65
2,392.29 378.41 652.03
2,392.29 380.11 650.41
2,392.29 381.82 648.78
2,392.29 383.53 647.15
2,392.29 385.24 645.53
2,392.29 386.96 643.90
2,392.29 388.68 642.26
2,416.22 366.48 601.37
2,416.22 368.21 600.01
2,416.22 369.95 598.65
2,416.22 371.68 597.28
2,416.22 373.43 595.91
2,416.22 375.17 594.54
2,416.22 376.93 593.16
2,416.22 378.68 591.78
2,416.22 380.44 590.40
2,416.22 382.21 589.01
2,416.22 383.97 587.62
2,416.22 385.75 586.23
2,440.38 363.36 548.38
2,440.38 365.14 547.23
2,440.38 366.93 546.09
2,440.38 368.72 544.94
2,440.38 370.52 543.78
2,440.38 372.31 542.63
2,440.38 374.12 541.47
2,440.38 375.93 540.30
2,440.38 377.74 539.13
2,440.38 379.56 537.96
2,440.38 381.38 536.78
2,440.38 383.20 535.61
2,464.78 360.63 500.55
2,464.78 362.47 499.60
2,464.78 364.31 498.65
2,464.78 366.15 497.69
2,464.78 368.00 496.72
2,464.78 369.85 495.75
2,464.78 371.71 494.78
2,464.78 373.57 493.80
2,464.78 375.44 492.82
2,464.78 377.31 491.84
2,464.78 379.19 490.85
2,464.78 381.07 489.85
2,489.43 358.31 457.39
2,489.43 360.20 456.61
2,489.43 362.09 455.82
2,489.43 363.99 455.02
2,489.43 365.90 454.23
2,489.43 367.81 453.42
2,489.43 369.72 452.61
2,489.43 371.64 451.80
2,489.43 373.56 450.98
2,489.43 375.49 450.16
2,489.43 377.42 449.33
2,489.43 379.36 448.49
2,514.33 356.41 418.43
2,514.33 358.35 417.79
2,514.33 360.30 417.15
2,514.33 362.26 416.50
2,514.33 364.22 415.84
2,514.33 366.19 415.18
2,514.33 368.16 414.51
2,514.33 370.14 413.84
2,514.33 372.12 413.16
2,514.33 374.10 412.48
2,514.33 376.09 411.79
2,514.33 378.09 411.10
2,539.47 354.95 383.25
2,539.47 356.95 382.74
2,539.47 358.96 382.22
2,539.47 360.98 381.69
2,539.47 363.00 381.16
2,539.47 365.02 380.62
2,539.47 367.05 380.08
2,539.47 369.09 379.53
2,539.47 371.13 378.98
2,539.47 373.17 378.42
2,539.47 375.22 377.85
2,539.47 377.28 377.28
$ 765,797
$ 400,000
$ 40,000
$ 360,000

300
2,081.30
$ 2,000
 Rate Annual Monthly
Mortgage 5.0% 0.41%
Home Growth 3.0% 0.25%
Costs (nominal) 0.10%
Rent Growth 2.0%
Stock Growth 0.80%

Investment Home Value Difference

Question 1:
Question 2:
Question 3:
Question 4:
Question 5:

Time Months Pymt Home Value Owner Costs

0 400,000.00
1 2,081.30 400,986.51 400.00
2 2,081.30 401,975.45 400.99
3 2,081.30 402,966.83 401.98
4 2,081.30 403,960.65 402.97
5 2,081.30 404,956.93 403.96
6 2,081.30 405,955.66 404.96
7 2,081.30 406,956.86 405.96
8 2,081.30 407,960.52 406.96
9 2,081.30 408,966.66 407.96
10 2,081.30 409,975.29 408.97
11 2,081.30 410,986.40 409.98
12 2,081.30 412,000.00 410.99
13 2,081.30 413,016.10 412.00
14 2,081.30 414,034.71 413.02
15 2,081.30 415,055.83 414.03
16 2,081.30 416,079.47 415.06
17 2,081.30 417,105.64 416.08
18 2,081.30 418,134.33 417.11
19 2,081.30 419,165.56 418.13
20 2,081.30 420,199.34 419.17
21 2,081.30 421,235.66 420.20
22 2,081.30 422,274.55 421.24
23 2,081.30 423,315.99 422.27
24 2,081.30 424,360.00 423.32
25 2,081.30 425,406.59 424.36
26 2,081.30 426,455.75 425.41
27 2,081.30 427,507.51 426.46
28 2,081.30 428,561.86 427.51
29 2,081.30 429,618.81 428.56
30 2,081.30 430,678.36 429.62
31 2,081.30 431,740.53 430.68
32 2,081.30 432,805.32 431.74
33 2,081.30 433,872.73 432.81
34 2,081.30 434,942.78 433.87
35 2,081.30 436,015.47 434.94
36 2,081.30 437,090.80 436.02
37 2,081.30 438,168.78 437.09
38 2,081.30 439,249.43 438.17
39 2,081.30 440,332.73 439.25
40 2,081.30 441,418.71 440.33
41 2,081.30 442,507.37 441.42
42 2,081.30 443,598.71 442.51
43 2,081.30 444,692.75 443.60
44 2,081.30 445,789.48 444.69
45 2,081.30 446,888.92 445.79
46 2,081.30 447,991.07 446.89
47 2,081.30 449,095.93 447.99
48 2,081.30 450,203.52 449.10
49 2,081.30 451,313.85 450.20
50 2,081.30 452,426.91 451.31
51 2,081.30 453,542.72 452.43
52 2,081.30 454,661.27 453.54
53 2,081.30 455,782.59 454.66
54 2,081.30 456,906.67 455.78
55 2,081.30 458,033.53 456.91
56 2,081.30 459,163.16 458.03
57 2,081.30 460,295.58 459.16
58 2,081.30 461,430.80 460.30
59 2,081.30 462,568.81 461.43
60 2,081.30 463,709.63 462.57
61 2,081.30 464,853.26 463.71
62 2,081.30 465,999.72 464.85
63 2,081.30 467,149.00 466.00
64 2,081.30 468,301.11 467.15
65 2,081.30 469,456.07 468.30
66 2,081.30 470,613.87 469.46
67 2,081.30 471,774.54 470.61
 68 2,081.30 472,938.06 471.77
69 2,081.30 474,104.45 472.94
70 2,081.30 475,273.72 474.10
71 2,081.30 476,445.87 475.27
72 2,081.30 477,620.92 476.45
73 2,081.30 478,798.86 477.62
74 2,081.30 479,979.71 478.80
75 2,081.30 481,163.47 479.98
76 2,081.30 482,350.15 481.16
77 2,081.30 483,539.75 482.35
78 2,081.30 484,732.29 483.54
79 2,081.30 485,927.77 484.73
80 2,081.30 487,126.20 485.93
81 2,081.30 488,327.59 487.13
82 2,081.30 489,531.93 488.33
83 2,081.30 490,739.25 489.53
84 2,081.30 491,949.55 490.74
85 2,081.30 493,162.83 491.95
86 2,081.30 494,379.10 493.16
87 2,081.30 495,598.37 494.38
88 2,081.30 496,820.65 495.60
89 2,081.30 498,045.94 496.82
90 2,081.30 499,274.26 498.05
91 2,081.30 500,505.60 499.27
92 2,081.30 501,739.99 500.51
93 2,081.30 502,977.41 501.74
94 2,081.30 504,217.89 502.98
95 2,081.30 505,461.43 504.22
96 2,081.30 506,708.03 505.46
97 2,081.30 507,957.71 506.71
98 2,081.30 509,210.47 507.96
99 2,081.30 510,466.32 509.21
100 2,081.30 511,725.27 510.47
101 2,081.30 512,987.32 511.73
102 2,081.30 514,252.49 512.99
103 2,081.30 515,520.77 514.25
104 2,081.30 516,792.19 515.52
105 2,081.30 518,066.74 516.79
106 2,081.30 519,344.43 518.07
107 2,081.30 520,625.27 519.34
108 2,081.30 521,909.27 520.63
109 2,081.30 523,196.44 521.91
110 2,081.30 524,486.79 523.20
111 2,081.30 525,780.31 524.49
112 2,081.30 527,077.03 525.78
113 2,081.30 528,376.94 527.08
114 2,081.30 529,680.06 528.38
115 2,081.30 530,986.40 529.68
116 2,081.30 532,295.95 530.99
117 2,081.30 533,608.74 532.30
118 2,081.30 534,924.76 533.61
119 2,081.30 536,244.03 534.92
120 2,081.30 537,566.55 536.24
121 2,081.30 538,892.34 537.57
122 2,081.30 540,221.39 538.89
123 2,081.30 541,553.72 540.22
124 2,081.30 542,889.34 541.55
125 2,081.30 544,228.25 542.89
126 2,081.30 545,570.46 544.23
127 2,081.30 546,915.99 545.57
128 2,081.30 548,264.83 546.92
129 2,081.30 549,617.00 548.26
130 2,081.30 550,972.50 549.62
131 2,081.30 552,331.35 550.97
132 2,081.30 553,693.55 552.33
133 2,081.30 555,059.11 553.69
134 2,081.30 556,428.03 555.06
135 2,081.30 557,800.33 556.43
136 2,081.30 559,176.02 557.80
137 2,081.30 560,555.10 559.18
138 2,081.30 561,937.58 560.56
139 2,081.30 563,323.47 561.94
140 2,081.30 564,712.78 563.32
141 2,081.30 566,105.51 564.71
142 2,081.30 567,501.68 566.11
143 2,081.30 568,901.29 567.50
144 2,081.30 570,304.35 568.90
145 2,081.30 571,710.88 570.30
146 2,081.30 573,120.87 571.71
147 2,081.30 574,534.34 573.12
148 2,081.30 575,951.30 574.53
149 2,081.30 577,371.75 575.95
150 2,081.30 578,795.71 577.37
151 2,081.30 580,223.17 578.80
152 2,081.30 581,654.16 580.22
153 2,081.30 583,088.67 581.65
154 2,081.30 584,526.73 583.09
155 2,081.30 585,968.33 584.53
156 2,081.30 587,413.49 585.97
157 2,081.30 588,862.21 587.41
158 2,081.30 590,314.50 588.86
159 2,081.30 591,770.37 590.31
160 2,081.30 593,229.84 591.77
161 2,081.30 594,692.90 593.23
162 2,081.30 596,159.58 594.69
163 2,081.30 597,629.87 596.16
164 2,081.30 599,103.78 597.63
165 2,081.30 600,581.34 599.10
166 2,081.30 602,062.53 600.58
167 2,081.30 603,547.38 602.06
168 2,081.30 605,035.89 603.55
169 2,081.30 606,528.07 605.04
170 2,081.30 608,023.93 606.53
171 2,081.30 609,523.48 608.02
172 2,081.30 611,026.73 609.52
173 2,081.30 612,533.69 611.03
174 2,081.30 614,044.36 612.53
175 2,081.30 615,558.76 614.04
176 2,081.30 617,076.90 615.56
177 2,081.30 618,598.78 617.08
178 2,081.30 620,124.41 618.60
179 2,081.30 621,653.80 620.12
180 2,081.30 623,186.97 621.65
181 2,081.30 624,723.91 623.19
182 2,081.30 626,264.65 624.72
183 2,081.30 627,809.19 626.26
184 2,081.30 629,357.54 627.81
185 2,081.30 630,909.70 629.36
186 2,081.30 632,465.69 630.91
187 2,081.30 634,025.53 632.47
188 2,081.30 635,589.20 634.03
189 2,081.30 637,156.74 635.59
190 2,081.30 638,728.14 637.16
191 2,081.30 640,303.41 638.73
192 2,081.30 641,882.58 640.30
193 2,081.30 643,465.63 641.88
194 2,081.30 645,052.59 643.47
195 2,081.30 646,643.46 645.05
196 2,081.30 648,238.26 646.64
197 2,081.30 649,836.99 648.24
198 2,081.30 651,439.67 649.84
199 2,081.30 653,046.29 651.44
200 2,081.30 654,656.88 653.05
201 2,081.30 656,271.44 654.66
202 2,081.30 657,889.98 656.27
203 2,081.30 659,512.52 657.89
204 2,081.30 661,139.05 659.51
205 2,081.30 662,769.60 661.14
206 2,081.30 664,404.17 662.77
207 2,081.30 666,042.77 664.40
208 2,081.30 667,685.41 666.04
209 2,081.30 669,332.10 667.69
210 2,081.30 670,982.86 669.33
211 2,081.30 672,637.68 670.98
212 2,081.30 674,296.59 672.64
213 2,081.30 675,959.58 674.30
214 2,081.30 677,626.68 675.96
215 2,081.30 679,297.89 677.63
216 2,081.30 680,973.22 679.30
217 2,081.30 682,652.69 680.97
218 2,081.30 684,336.29 682.65
219 2,081.30 686,024.05 684.34
220 2,081.30 687,715.97 686.02
221 2,081.30 689,412.07 687.72
222 2,081.30 691,112.34 689.41
223 2,081.30 692,816.81 691.11
224 2,081.30 694,525.48 692.82
225 2,081.30 696,238.37 694.53
226 2,081.30 697,955.48 696.24
227 2,081.30 699,676.83 697.96
228 2,081.30 701,402.42 699.68
229 2,081.30 703,132.27 701.40
230 2,081.30 704,866.38 703.13
231 2,081.30 706,604.77 704.87
232 2,081.30 708,347.45 706.60
233 2,081.30 710,094.43 708.35
234 2,081.30 711,845.71 710.09
235 2,081.30 713,601.32 711.85
236 2,081.30 715,361.25 713.60
237 2,081.30 717,125.52 715.36
238 2,081.30 718,894.15 717.13
239 2,081.30 720,667.13 718.89
240 2,081.30 722,444.49 720.67
241 2,081.30 724,226.24 722.44
242 2,081.30 726,012.37 724.23
243 2,081.30 727,802.92 726.01
244 2,081.30 729,597.87 727.80
245 2,081.30 731,397.26 729.60
246 2,081.30 733,201.08 731.40
247 2,081.30 735,009.35 733.20
248 2,081.30 736,822.09 735.01
249 2,081.30 738,639.29 736.82
250 2,081.30 740,460.97 738.64
251 2,081.30 742,287.15 740.46
252 2,081.30 744,117.83 742.29
253 2,081.30 745,953.02 744.12
254 2,081.30 747,792.75 745.95
255 2,081.30 749,637.00 747.79
256 2,081.30 751,485.81 749.64
257 2,081.30 753,339.18 751.49
258 2,081.30 755,197.12 753.34
259 2,081.30 757,059.64 755.20
260 2,081.30 758,926.75 757.06
261 2,081.30 760,798.47 758.93
262 2,081.30 762,674.80 760.80
263 2,081.30 764,555.76 762.67
264 2,081.30 766,441.36 764.56
265 2,081.30 768,331.61 766.44
266 2,081.30 770,226.53 768.33
267 2,081.30 772,126.11 770.23
268 2,081.30 774,030.39 772.13
269 2,081.30 775,939.35 774.03
270 2,081.30 777,853.03 775.94
271 2,081.30 779,771.42 777.85
272 2,081.30 781,694.55 779.77
273 2,081.30 783,622.42 781.69
274 2,081.30 785,555.04 783.62
275 2,081.30 787,492.44 785.56
276 2,081.30 789,434.60 787.49
277 2,081.30 791,381.56 789.43
278 2,081.30 793,333.32 791.38
279 2,081.30 795,289.90 793.33
280 2,081.30 797,251.30 795.29
281 2,081.30 799,217.53 797.25
282 2,081.30 801,188.62 799.22
283 2,081.30 803,164.57 801.19
284 2,081.30 805,145.39 803.16
285 2,081.30 807,131.09 805.15
286 2,081.30 809,121.70 807.13
287 2,081.30 811,117.21 809.12
288 2,081.30 813,117.64 811.12
289 2,081.30 815,123.01 813.12
290 2,081.30 817,133.32 815.12
291 2,081.30 819,148.59 817.13
292 2,081.30 821,168.84 819.15
293 2,081.30 823,194.06 821.17
294 2,081.30 825,224.28 823.19
295 2,081.30 827,259.50 825.22
296 2,081.30 829,299.75 827.26
297 2,081.30 831,345.03 829.30
298 2,081.30 833,395.35 831.35
299 2,081.30 835,450.72 833.40
300 2,081.30 837,511.17 835.45
Sum
 Home Purchase Price
Down Payment
Mortgage Loan
Amortization Period (year) 25
Amortization Period (month)
Monthly Mortgage Payment
Starting Rent

Decision Explanation

Rent Invest FV (Invest)

40,000.00 436,736.64
2,000.00 481.30 5,213.30
2,000.00 482.28 5,182.53
2,000.00 483.27 5,151.94
2,000.00 484.26 5,121.53
2,000.00 485.26 5,091.31
2,000.00 486.25 5,061.28
2,000.00 487.25 5,031.42
2,000.00 488.25 5,001.74
2,000.00 489.26 4,972.25
2,000.00 490.26 4,942.93
2,000.00 491.27 4,913.79
2,000.00 492.28 4,884.82
2,040.00 453.30 4,462.27
2,040.00 454.31 4,436.78
2,040.00 455.33 4,411.44
2,040.00 456.35 4,386.24
2,040.00 457.38 4,361.19
2,040.00 458.40 4,336.28
2,040.00 459.43 4,311.52
2,040.00 460.46 4,286.90
2,040.00 461.50 4,262.43
2,040.00 462.53 4,238.10
2,040.00 463.57 4,213.90
2,040.00 464.61 4,189.85
2,080.80 424.86 3,800.93
2,080.80 425.90 3,780.05
2,080.80 426.95 3,759.29
2,080.80 428.00 3,738.64
2,080.80 429.06 3,718.10
2,080.80 430.12 3,697.68
2,080.80 431.18 3,677.37
2,080.80 432.24 3,657.17
2,080.80 433.30 3,637.09
2,080.80 434.37 3,617.11
2,080.80 435.44 3,597.24
2,080.80 436.51 3,577.48
2,122.42 395.97 3,219.47
2,122.42 397.05 3,202.62
2,122.42 398.13 3,185.85
2,122.42 399.21 3,169.16
2,122.42 400.30 3,152.56
2,122.42 401.39 3,136.05
2,122.42 402.48 3,119.62
2,122.42 403.57 3,103.27
2,122.42 404.67 3,087.01
2,122.42 405.77 3,070.83
2,122.42 406.87 3,054.73
2,122.42 407.98 3,038.72
2,164.86 366.64 2,709.13
2,164.86 367.75 2,695.77
2,164.86 368.86 2,682.47
2,164.86 369.98 2,669.23
2,164.86 371.09 2,656.05
2,164.86 372.22 2,642.93
2,164.86 373.34 2,629.87
2,164.86 374.47 2,616.88
2,164.86 375.60 2,603.94
2,164.86 376.73 2,591.06
2,164.86 377.86 2,578.24
2,164.86 379.00 2,565.48
2,208.16 336.85 2,262.03
2,208.16 337.99 2,251.69
2,208.16 339.14 2,241.40
2,208.16 340.28 2,231.15
2,208.16 341.44 2,220.93
2,208.16 342.59 2,210.76
2,208.16 343.75 2,200.63
2,208.16 344.91 2,190.53
2,208.16 346.07 2,180.48
2,208.16 347.24 2,170.46
2,208.16 348.41 2,160.49
2,208.16 349.58 2,150.55
2,252.32 306.59 1,871.13
2,252.32 307.77 1,863.41
2,252.32 308.95 1,855.71
2,252.32 310.14 1,848.04
2,252.32 311.32 1,840.39
2,252.32 312.51 1,832.76
2,252.32 313.70 1,825.15
2,252.32 314.90 1,817.57
2,252.32 316.10 1,810.00
2,252.32 317.30 1,802.46
2,252.32 318.50 1,794.94
2,252.32 319.71 1,787.45
2,297.37 275.88 1,530.13
2,297.37 277.09 1,524.66
2,297.37 278.31 1,519.20
2,297.37 279.52 1,513.74
2,297.37 280.75 1,508.30
2,297.37 281.97 1,502.86
2,297.37 283.20 1,497.42
2,297.37 284.43 1,492.00
2,297.37 285.67 1,486.58
2,297.37 286.90 1,481.17
2,297.37 288.14 1,475.77
2,297.37 289.39 1,470.38
2,343.32 244.69 1,233.38
2,343.32 245.94 1,229.84
2,343.32 247.19 1,226.30
2,343.32 248.45 1,222.75
2,343.32 249.70 1,219.19
2,343.32 250.97 1,215.63
2,343.32 252.23 1,212.06
2,343.32 253.50 1,208.49
2,343.32 254.77 1,204.91
2,343.32 256.05 1,201.32
2,343.32 257.32 1,197.74
2,343.32 258.60 1,194.15
2,390.19 213.02 975.86
2,390.19 214.31 973.96
2,390.19 215.60 972.05
2,390.19 216.89 970.12
2,390.19 218.19 968.17
2,390.19 219.49 966.21
2,390.19 220.79 964.23
2,390.19 222.10 962.24
2,390.19 223.41 960.23
2,390.19 224.72 958.21
2,390.19 226.04 956.17
2,390.19 227.36 954.12
2,437.99 180.88 753.03
2,437.99 182.20 752.53
2,437.99 183.53 752.01
2,437.99 184.86 751.45
2,437.99 186.20 750.88
2,437.99 187.54 750.27
2,437.99 188.88 749.65
2,437.99 190.22 748.99
2,437.99 191.57 748.32
2,437.99 192.93 747.62
2,437.99 194.28 746.90
2,437.99 195.64 746.15
2,486.75 148.24 560.89
2,486.75 149.61 561.57
2,486.75 150.98 562.21
2,486.75 152.35 562.82
2,486.75 153.72 563.39
2,486.75 155.10 563.94
2,486.75 156.49 564.45
2,486.75 157.87 564.93
2,486.75 159.26 565.37
2,486.75 160.65 565.79
2,486.75 162.05 566.18
2,486.75 163.45 566.54
2,536.48 115.12 395.85
2,536.48 116.52 397.50
2,536.48 117.93 399.12
2,536.48 119.35 400.70
2,536.48 120.77 402.24
2,536.48 122.19 403.74
2,536.48 123.61 405.20
2,536.48 125.04 406.63
2,536.48 126.47 408.02
2,536.48 127.90 409.37
2,536.48 129.34 410.69
2,536.48 130.78 411.97
2,587.21 81.50 254.68
2,587.21 82.95 257.15
2,587.21 84.40 259.58
2,587.21 85.85 261.96
2,587.21 87.31 264.30
2,587.21 88.78 266.60
2,587.21 90.24 268.85
2,587.21 91.71 271.06
2,587.21 93.19 273.23
2,587.21 94.67 275.36
2,587.21 96.15 277.45
2,587.21 97.63 279.50
2,638.96 47.38 134.55
2,638.96 48.87 137.69
2,638.96 50.36 140.78
2,638.96 51.86 143.82
2,638.96 53.37 146.81
2,638.96 54.87 149.76
2,638.96 56.38 152.66
2,638.96 57.90 155.52
2,638.96 59.42 158.33
2,638.96 60.94 161.09
2,638.96 62.46 163.82
2,638.96 63.99 166.50
2,691.74 12.75 32.90
2,691.74 14.28 36.58
2,691.74 15.83 40.20
2,691.74 17.37 43.77
2,691.74 18.92 47.30
2,691.74 20.47 50.77
2,691.74 22.03 54.20
2,691.74 23.59 57.58
2,691.74 25.15 60.91
2,691.74 26.72 64.19
2,691.74 28.29 67.42
2,691.74 29.86 70.61
2,745.57 - 22.39 - 52.52
2,745.57 - 20.81 - 48.42
2,745.57 - 19.22 - 44.38
2,745.57 - 17.63 - 40.38
2,745.57 - 16.04 - 36.44
2,745.57 - 14.44 - 32.54
2,745.57 - 12.83 - 28.70
2,745.57 - 11.23 - 24.91
2,745.57 - 9.62 - 21.17
2,745.57 - 8.00 - 17.47
2,745.57 - 6.38 - 13.83
2,745.57 - 4.76 - 10.23
2,800.48 - 58.05 - 123.74
2,800.48 - 56.42 - 119.31
2,800.48 - 54.78 - 114.94
2,800.48 - 53.14 - 110.61
2,800.48 - 51.50 - 106.34
2,800.48 - 49.85 - 102.13
2,800.48 - 48.20 - 97.96
2,800.48 - 46.55 - 93.85
2,800.48 - 44.89 - 89.79
2,800.48 - 43.23 - 85.77
2,800.48 - 41.56 - 81.81
2,800.48 - 39.89 - 77.90
2,856.49 - 94.22 - 182.55
2,856.49 - 92.54 - 177.87
2,856.49 - 90.86 - 173.25
2,856.49 - 89.17 - 168.68
2,856.49 - 87.48 - 164.17
2,856.49 - 85.78 - 159.71
2,856.49 - 84.08 - 155.30
2,856.49 - 82.38 - 150.94
2,856.49 - 80.67 - 146.64
2,856.49 - 78.96 - 142.39
2,856.49 - 77.24 - 138.18
2,856.49 - 75.52 - 134.03
2,913.62 - 130.92 - 230.52
2,913.62 - 129.19 - 225.67
2,913.62 - 127.46 - 220.87
2,913.62 - 125.72 - 216.13
2,913.62 - 123.98 - 211.45
2,913.62 - 122.23 - 206.81
2,913.62 - 120.48 - 202.23
2,913.62 - 118.72 - 197.70
2,913.62 - 116.96 - 193.23
2,913.62 - 115.20 - 188.80
2,913.62 - 113.43 - 184.43
2,913.62 - 111.66 - 180.10
2,971.89 - 168.15 - 269.08
2,971.89 - 166.37 - 264.11
2,971.89 - 164.58 - 259.20
2,971.89 - 162.79 - 254.35
2,971.89 - 161.00 - 249.55
2,971.89 - 159.20 - 244.80
2,971.89 - 157.40 - 240.11
2,971.89 - 155.59 - 235.46
2,971.89 - 153.78 - 230.87
2,971.89 - 151.96 - 226.33
2,971.89 - 150.14 - 221.85
2,971.89 - 148.31 - 217.41
3,031.33 - 205.92 - 299.46
3,031.33 - 204.08 - 294.44
3,031.33 - 202.24 - 289.47
3,031.33 - 200.40 - 284.55
3,031.33 - 198.55 - 279.69
3,031.33 - 196.70 - 274.88
3,031.33 - 194.84 - 270.12
3,031.33 - 192.98 - 265.41
3,031.33 - 191.11 - 260.76
3,031.33 - 189.24 - 256.16
3,031.33 - 187.36 - 251.60
3,031.33 - 185.48 - 247.10
3,091.96 - 244.22 - 322.78
3,091.96 - 242.33 - 317.74
3,091.96 - 240.44 - 312.75
3,091.96 - 238.54 - 307.82
3,091.96 - 236.63 - 302.93
3,091.96 - 234.72 - 298.11
3,091.96 - 232.81 - 293.33
3,091.96 - 230.89 - 288.60
3,091.96 - 228.97 - 283.93
3,091.96 - 227.04 - 279.30
3,091.96 - 225.11 - 274.73
3,091.96 - 223.17 - 270.20
3,153.80 - 283.07 - 340.00
3,153.80 - 281.12 - 334.98
3,153.80 - 279.17 - 330.02
3,153.80 - 277.21 - 325.10
3,153.80 - 275.25 - 320.24
3,153.80 - 273.28 - 315.43
3,153.80 - 271.31 - 310.67
3,153.80 - 269.34 - 305.96
3,153.80 - 267.36 - 301.30
3,153.80 - 265.37 - 296.69
3,153.80 - 263.38 - 292.12
3,153.80 - 261.38 - 287.61
3,216.87 - 322.46 - 352.00
3,216.87 - 320.45 - 347.03
3,216.87 - 318.44 - 342.12
3,216.87 - 316.43 - 337.26
3,216.87 - 314.41 - 332.44
3,216.87 - 312.38 - 327.68
3,216.87 - 310.35 - 322.97
3,216.87 - 308.32 - 318.30
3,216.87 - 306.28 - 313.69
3,216.87 - 304.23 - 309.12
3,216.87 - 302.18 - 304.60
3,216.87 - 300.13 - 300.13
$ 758,142
$ 400,000
$ 40,000
$ 360,000

300
2,081.30
$ 2,000