Buyer’s Purchasing Power

Slides:

Advertisements

Similar presentations

Chapter 3 L3-4 Notes: Estimating Sums & Differences.

Advertisements

Find the amount of an annuity that consists of 24 monthly payments of $700 each into an account that pays 8% interest per year, compounded monthly. NOTE:

Example of Amortization Schedule for a Note with Equal Total Payments

Lesson 1: Buying Furniture and Appliances Consumer Math p

Estimating Sums.

MORTGAGE CREDIT CERTIFICATES (MCC) Financing Future Borrowers: A Panel Discussion 2014 Delaware Governor’s Conference on Housing October 7, 2014 Stephen.

Round each number to the level of accuracy given.

Rounding One way of estimating Ask “About how many?” Round to the nearest 10 Round to the nearest 100 Round to the nearest 1,000.

Who Wants To Be A Millionaire?

Estimating Sums to the Nearest 10 and 100

Applications of Percent

5.4 Applications of Percent

Find the monthly payment R necessary to pay off a loan of $90,000 at 5% compounded monthly for 30 years. (Round final answer up to the nearest cent.) MATH.

Simple and Compound Interest

ESTIMATION ROUNDING NUMBERS. DEFINITION To calculate approximately (the amount, extent, magnitude, position, or value of something).

Financial Management B 642

Fourth Grade Place Value Routines.

Copyright © 2007 Prentice-Hall. All rights reserved THE TIME VALUE OF MONEY PRESNET VALUE FUTURE VALUE.

Copyright © 2007 Prentice-Hall. All rights reserved 1 The Time Value of Money: Present Value & Future Value Part of Chapter 20.

5-Minute Check Round to the nearest whole number Round to the nearest tenth

Objective Students will be able to estimate sums and differences (3-5).

A population of protozoa develops with a constant relative growth rate of per member per day. On day zero the population consists of 3 members.

Estimating Products Copyright © 2012 Kelly Mott. 2 Digits x 1 Digit Copyright © 2012 Kelly Mott.

Real Estate Loans.  Payment = (loan amount ÷ 1000) x table value  Use REAL ESTATE amortization table found on p Because this table lists the principal.

Mortgages. A mortgage is a loan that is secured by property. Mortgages are large loans, and the money is generally borrowed over a large amount of time.

Prepared by Johnny Howard © 2015 South-Western, a part of Cengage Learning.

Buyer’s Purchasing Power

Section 3.2 Finding Part.

Installment Buying, Rule of 78, and Revolving Charge Credit Cards

CHAPTER 8 Personal Finance.

Date Mortgage Interest Rate* P&I** Today $100, % $ Q

Cell phone use is prohibited.

CHAPTER 8 Personal Finance.

Section 12.5 Real Estate Loans.

ROUNDING 54 ______ 26 ______ 39 ______ 13 ______ 99 ______ 07 ______

Buying a House with a Mortgage

The Car Deal Package Take notes Be sure to include all vocabulary

‘Agent Assist’ Quarterly Meeting 8/21/2013.

Types of Mortgage & Selling a Home

Estimation, Graphs, and Mathematical Models

How To Add A Xerox Printer To Google Chrome

Frio River Cabins - Frio Vacation Homes - Frio Country Resort

3-8 PRESENT VALUE OF INVESTMENTS

Percent and Problem Solving : Interest

Mortgages and Creating Amortization Tables

$$.$$ 1. Begin by filling out the total dollar value of the order (write in above the $0.00).

Exercise 4 Cost-Per-Thousand and Cost-Per-Point

Objective - To round decimals to a specified place value.

Buyer’s Purchasing Power

Estimating Sums and Differences of Fractions and Mixed Numbers

For Buyers and Seller Expenses

CHAPTER 8 Personal Finance.

Chapter 6 Lesson 4 PMT Function.

CHAPTER 8 Personal Finance.

Date Mortgage Interest Rate* P&I** Today $100, % $

SECTION 10-2 Monthly Payment and Total Interest pp

WARMUP George is getting a loan to buy a car. He will borrow $17,000 for 4 years at 7.2%. What are his monthly payments? How much in finance charges.

Interest Rates, Terms, Total Financed Amount

Solve for the leg and round the nearest tenth.

Module 2: The Loan Estimate – Step by Step

Firebase Vs. MongoDB: Choose the Best Database of 2019

Mistake 1: Looking for the lowest monthly payment

Simple Interest Task Questions

§8.3, Compound Interest.

Presentation transcript:

Buyer’s Purchasing Power 5.25 $ 552 $ 538 $ 525 $ 510 $ 497 5.00 $ 537 $ 523 $ 483 4.75 $ 522 $ 509 $ 496 $ 482 $ 469 4.50 $ 507 $ 495 $ 481 $ 467 $ 456 4.25 $ 492 $ 480 $ 455 $ 443 4.00 $ 477 $ 465 $ 454 $ 442 $ 430 3.75 $ 463 $ 452 $ 440 $ 428 $ 417 $ 100,000 $ 97,500 $ 95,000 $ 92,500 $ 90,000 -2.5% -5% -7.5% -10% RATE Principal and Interest Payments rounded to the nearest dollar amount. The payment estimates above are based on historical data and not meant to be a rate quote or commitment to monthly payments. Please contact the lender of your choice for your specific rates and payment schedule.

Buyer’s Purchasing Power 5.25 $ 1,104 $ 1,077 $ 1,049 $ 1,022 $ 994 5.00 $ 1,074 $ 1,047 $ 1,020 $ 993 $ 966 4.75 $ 1,043 $ 1,017 $ 991 $ 965 $ 939 4.50 $ 1,013 $ 988 $ 963 $ 937 $ 912 4.25 $ 984 $ 959 $ 935 $ 910 $ 885 4.00 $ 955 $ 931 $ 907 $ 883 $ 859 3.75 $ 926 $ 903 $ 880 $ 857 $ 834 $ 200,000 $ 195,000 $ 190,000 $ 185,000 $ 180,000 -2.5% -5% -7.5% -10% RATE Principal and Interest Payments rounded to the nearest dollar amount. The payment estimates above are based on historical data and not meant to be a rate quote or commitment to monthly payments. Please contact the lender of your choice for your specific rates and payment schedule.

Buyer’s Purchasing Power 5.25 $ 1,657 $ 1,615 $ 1,574 $ 1,532 $ 1,491 5.00 $ 1,610 $ 1,570 $ 1,530 $ 1,490 $ 1,449 4.75 $ 1,565 $ 1,526 $ 1,487 $ 1,448 $ 1,408 4.50 $ 1,520 $ 1,482 $ 1,444 $ 1,406 $ 1,368 4.25 $ 1,478 $ 1,438 $ 1,402 $ 1,365 $ 1,328 4.00 $ 1,432 $ 1,396 $ 1,361 $ 1,325 $ 1,289 3.75 $ 1,389 $ 1,355 $ 1,320 $ 1,285 $ 1,250 $ 300,000 $ 292,500 $ 285,000 $ 277,500 $ 270,000 -2.5% -5% -7.5% -10% RATE Principal and Interest Payments rounded to the nearest dollar amount. The payment estimates above are based on historical data and not meant to be a rate quote or commitment to monthly payments. Please contact the lender of your choice for your specific rates and payment schedule.

Buyer’s Purchasing Power 5.25 $ 2,208 $ 2,154 $ 2,098 $ 2,044 $ 1,988 5.00 $ 2,148 $ 2,094 $ 2,040 $ 1,986 $ 1,932 4.75 $ 2,086 $ 2,034 $ 1,982 $ 1,930 $ 1,878 4.50 $ 2,026 $ 1,976 $ 1,926 $ 1,874 $ 1,824 4.25 $ 1,968 $ 1,919 $ 1,869 $ 1,820 $ 1,771 4.00 $ 1,910 $ 1,862 $ 1,814 $ 1,766 $ 1,719 3.75 $ 1,852 $ 1,806 $ 1,760 $ 1,714 $ 1,667 $ 400,000 $ 390,000 $ 380,000 $ 370,000 $ 360,000 -2.5% -5% -7.5% -10% RATE Principal and Interest Payments rounded to the nearest dollar amount.

Buyer’s Purchasing Power 5.25 $ 2,761 $ 2,692 $ 2,623 $ 2,554 $ 2,485 5.00 $ 2,684 $ 2,617 $ 2,550 $ 2,483 $ 2,415 4.75 $ 2,608 $ 2,543 $ 2,478 $ 2,412 $ 2,347 4.50 $ 2,533 $ 2,470 $ 2,407 $ 2,343 $ 2,280 4.25 $ 2,460 $ 2,398 $ 2,337 $ 2,275 $ 2,214 4.00 $ 2,387 $ 2,327 $ 2,268 $ 2,208 $ 2,148 3.75 $ 2,316 $ 2,258 $ 2,200 $ 2,142 $ 2,084 $ 500,000 $ 487,500 $ 475,000 $ 462,500 $ 450,000 -2.5% -5% -7.5% -10% RATE Principal and Interest Payments rounded to the nearest dollar amount.

Buyer’s Purchasing Power 5.25 $ 3,313 $ 3,230 $ 3,148 $ 3,065 $ 2,982 5.00 $ 3,221 $ 3,140 $ 3,060 $ 2,979 $ 2,899 4.75 $ 3,130 $ 3,052 $ 2,973 $ 2,895 $ 2,817 4.50 $ 3,040 $ 2,964 $ 2,888 $ 2,812 $ 2,736 4.25 $ 2,952 $ 2,878 $ 2,804 $ 2,730 $ 2,656 4.00 $ 2,865 $ 2,793 $ 2,721 $ 2,650 $ 2,578 3.75 $ 2,779 $ 2,709 $ 2,640 $ 2,570 $ 2,501 $ 600,000 $ 585,000 $ 570,000 $ 555,000 $ 540,000 -2.5% -5% -7.5% -10% RATE Principal and Interest Payments rounded to the nearest dollar amount.

Buyer’s Purchasing Power 5.25 $ 3,865 $ 3,768 $ 3,672 $ 3,575 $ 3,478 5.00 $ 3,757 $ 3,663 $ 3,570 $ 3,476 $ 3,381 4.75 $ 3,651 $ 3,560 $ 3,469 $ 3,378 $ 3,286 4.50 $ 3,547 $ 3,458 $ 3,370 $ 3,281 $ 3,192 4.25 $ 3,444 $ 3,357 $ 3,271 $ 3,185 $ 3,099 4.00 $ 3,342 $ 3,258 $ 3,175 $ 3,091 $ 3,008 3.75 $ 3,242 $ 3,161 $ 3,080 $ 2,999 $ 2,918 $ 700,000 $ 682,500 $ 665,000 $ 647,500 $ 630,000 -2.5% -5% -7.5% -10% RATE Principal and Interest Payments rounded to the nearest dollar amount.

Buyer’s Purchasing Power 5.25 $ 4,418 $ 4,307 $ 4,197 $ 4,086 $ 3,976 5.00 $ 4,295 $ 4,187 $ 4,080 $ 3,972 $ 3,865 4.75 $ 4,173 $ 4,069 $ 3,965 $ 3,860 $ 3,756 4.50 $ 4,053 $ 3,952 $ 3,851 $ 3,749 $ 3,648 4.25 $ 3,936 $ 3,837 $ 3,739 $ 3,640 $ 3,542 4.00 $ 3,819 $ 3,724 $ 3,628 $ 3,533 $ 3,437 3.75 $ 3,705 $ 3,612 $ 3,520 $ 3,427 $ 3,334 $ 800,000 $ 780,000 $ 760,000 $ 740,000 $ 720,000 -2.5% -5% -7.5% -10% RATE Principal and Interest Payments rounded to the nearest dollar amount.

Buyer’s Purchasing Power 5.25 $ 4,970 $ 4,846 $ 4,721 $ 4,597 $ 4,472 5.00 $ 4,831 $ 4,711 $ 4,590 $ 4,469 $ 4,348 4.75 $ 4,695 $ 4,577 $ 4,460 $ 4,342 $ 4,225 4.50 $ 4,560 $ 4,446 $ 4,332 $ 4,218 $ 4,104 4.25 $ 4,427 $ 4,317 $ 4,206 $ 4,095 $ 3,985 4.00 $ 4,297 $ 4,189 $ 4,082 $ 3,974 $ 3,867 3.75 $ 4,168 $ 4,064 $ 3,960 $ 3,855 $ 3,751 $ 900,000 $ 877,500 $ 855,000 $ 832,500 $ 810,000 -2.5% -5% -7.5% -10% RATE Principal and Interest Payments rounded to the nearest dollar amount. The payment estimates above are based on historical data and not meant to be a rate quote or commitment to monthly payments. Please contact the lender of your choice for your specific rates and payment schedule.

Buyer’s Purchasing Power 5.25 $ 5,522 $ 5,384 $ 5,246 $ 5,108 $ 4,970 5.00 $ 5,368 $ 5,234 $ 5,100 $ 4,966 $ 4,831 4.75 $ 5,216 $ 5,086 $ 4,956 $ 4,825 $ 4,695 4.50 $ 5,067 $ 4,940 $ 4,814 $ 4,687 $ 4,560 4.25 $ 4,919 $ 4,796 $ 4,673 $ 4,550 $ 4,427 4.00 $ 4,774 $ 4,654 $ 4,535 $ 4,416 $ 4,297 3.75 $ 4,631 $ 4,515 $ 4,400 $ 4,284 $ 4,168 $1,000,000 $ 975,000 $ 950,000 $ 925,000 $ 900,000 -2.5% -5% -7.5% -10% RATE Principal and Interest Payments rounded to the nearest dollar amount. The payment estimates above are based on historical data and not meant to be a rate quote or commitment to monthly payments. Please contact the lender of your choice for your specific rates and payment schedule.