Salary $1,000,000 After Taxes $750,000 Monthly Income $62,500 Total Monthly Payments $13,462.67 Income Left $49,037.33.

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Presentation transcript:

Salary $1,000,000 After Taxes $750,000 Monthly Income $62,500 Total Monthly Payments $13, Income Left $49,037.33

Location: 470 NE 51 Street (Morningside) Miami FL Bedrooms: 3 Bathrooms: 3 Features: Built-Ins Awnings Fireplace Barbeque French Doors Wood Decking Walk-In Closets Fence Pantry Exterior Lightning Split Bedroom Pool Price: $629,000

Price: $248,000 Location: 5128 WHISPER LAKE AV () Las Vegas NV Bedrooms: 5 Bathrooms: 3 Features: Built-In Bookcases, Downstairs, Separate Family Room Formal Dining Room Construction: Frame & Stucco Vaulted Ceiling, Entry Foyer, Formal Carpet, Tile Granite Countertops, Island, Marble/Stone Flooring Mirrored Door Closet, Mbr Walk-In Closet Pool Type: Inground-Private, Solar Heated, Waterfall

Price: $150,000 Location: 8026 SPRING CREEK DRIVE KISSIMMEE, FL Bedrooms: 3 Bathrooms: 2 Features: Air Conditioning Dishwasher Washer and Dryer Microwave Oven Walk-in Closets Pool

Price : $57,475 Mileage: 12 Miles Engine: GDI DOHC Body Style: SUV Transmission: AUTO 6SPD Exterior Color: Black Drivertrain: AWD Interior Color: Black Doors: 4

Price: $40,841 Mileage: N/A Engine: 3.5L V6 Body Style: SUV Drivetrain: AWD Exterior Color: Blue Slate Doors: 4 Interior Color: Graphite Wheelbase: 114 inches

Interest Taxes Loan Term Sale Value Monthly Payment Total Interest Paid Total Taxes Paid Total Payment Miami House 5% 30 years $629,000 $5,997.44$586, $943, $2,159, Las Vegas House 7%5%30 years $248,000 $2, $345, $372, $965, Orland o House 10%3%10 years $150,000 $2,357.26$87, $45, $282, Audi Q7 11%3%5 years$57, 475 $1,393.33$17, $8, $83, Infinity FX35 13%3%5 years$40, 841 $1,031.36$14, $6, $61, Total $1,125,316 $13, $1,052, $1,375,247.4 $3,553,413.93

Food$2,000 Clothes$1,500 Entertainment$1,500 Others (Insurance and utilities)$15,000 Traveling$4,000 Total$24,000 Savings$25,000 (2.5 %) Current Savings$10,000

 Amortization Schedule  Year Interest Principal Balance 2010 $13, $8, $141, $13, $10, $131, $12, $11, $120, $11, $12, $108, $10, $13, $94, $8, $15, $79, $7, $16, $62, $5, $18, $44, $3, $20, $24, $1, $22, $1, $16.38 $1, $0.00

 Amortization Schedule  Month Interest Principal Balance Feb, 2010 $1, $ $149, Mar, 2010 $1, $ $148, Apr, 2010 $1, $ $147, May, 2010 $1, $ $147, Jun, 2010 $1, $ $146, Jul, 2010 $1, $ $145, Aug, 2010 $1, $ $144, Sep, 2010 $1, $ $143, Oct, 2010 $1, $ $143, Nov, 2010 $1, $ $142, Dec, 2010 $1, $ $141, Jan, 2011 $1, $ $140, Feb, 2011 $1, $ $139, Mar, 2011 $1, $ $139, Apr, 2011 $1, $ $138, May, 2011 $1, $ $137, Jun, 2011 $1, $ $136, Jul, 2011 $1, $ $135, Aug, 2011 $1, $ $134, Sep, 2011 $1, $ $134, Oct, 2011 $1, $ $133, Nov, 2011 $1, $ $132, Dec, 2011 $1, $ $131, Jan, 2012 $1, $ $130, Feb, 2012 $1, $ $129, Mar, 2012 $1, $ $128, Apr, 2012 $1, $ $127, May, 2012 $1, $ $127, Jun, 2012 $1, $ $126, Jul, 2012 $1, $ $125, Aug, 2012 $1, $ $124, Sep, 2012 $1, $ $123, Oct, 2012 $1, $ $122, Nov, 2012 $1, $ $121, Dec, 2012 $1, $ $120, Jan, 2013 $1, $ $119, Feb, 2013 $ $ $118, Mar, 2013 $ $ $117, Apr, 2013 $ $1, $116, May, 2013 $ $1, $115, Jun, 2013 $ $1, $114, Jul, 2013 $ $1, $113, Aug, 2013 $ $1, $112, Sep, 2013 $ $1, $111, Oct, 2013 $ $1, $110, Nov, 2013 $ $1, $109, Dec, 2013 $ $1, $108, Jan, 2014 $ $1, $106, Feb, 2014 $ $1, $105, Mar, 2014 $ $1, $104, Apr, 2014 $ $1, $103, May, 2014 $ $1, $102, Jun, 2014 $ $1, $101, Jul, 2014 $ $1, $100, Aug, 2014 $ $1, $99, Sep, 2014 $ $1, $98, Oct, 2014 $ $1, $96, Nov, 2014 $ $1, $95, Dec, 2014 $ $1, $94, Jan, 2015 $ $1, $93, Feb, 2015 $ $1, $92, Mar, 2015 $ $1, $90, Apr, 2015 $ $1, $89, May, 2015 $ $1, $88, Jun, 2015 $ $1, $87, Jul, 2015 $ $1, $85, Aug, 2015 $ $1, $84, Sep, 2015 $ $1, $83, Oct, 2015 $ $1, $82, Nov, 2015 $ $1, $80, Dec, 2015 $ $1, $79, Jan, 2016 $ $1, $78, Feb, 2016 $ $1, $76, Mar, 2016 $ $1, $75, Apr, 2016 $ $1, $74, May, 2016 $ $1, $72, Jun, 2016 $ $1, $71, Jul, 2016 $ $1, $70, Aug, 2016 $ $1, $68, Sep, 2016 $ $1, $67, Oct, 2016 $ $1, $65, Nov, 2016 $ $1, $64, Dec, 2016 $ $1, $62, Jan, 2017 $ $1, $61, Feb, 2017 $ $1, $59, Mar, 2017 $ $1, $58, Apr, 2017 $ $1, $56, May, 2017 $ $1, $55, Jun, 2017 $ $1, $53, Jul, 2017 $ $1, $52, Aug, 2017 $ $1, $50, Sep, 2017 $ $1, $49, Oct, 2017 $ $1, $47, Nov, 2017 $ $1, $46, Dec, 2017 $ $1, $44, Jan, 2018 $ $1, $42, Feb, 2018 $ $1, $41, Mar, 2018 $ $1, $39, Apr, 2018 $ $1, $38, May, 2018 $ $1, $36, Jun, 2018 $ $1, $34, Jul, 2018 $ $1, $33, Aug, 2018 $ $1, $31, Sep, 2018 $ $1, $29, Oct, 2018 $ $1, $27, Nov, 2018 $ $1, $26, Dec, 2018 $ $1, $24, Jan, 2019 $ $1, $22, Feb, 2019 $ $1, $20, Mar, 2019 $ $1, $18, Apr, 2019 $ $1, $17, May, 2019 $ $1, $15, Jun, 2019 $ $1, $13, Jul, 2019 $ $1, $11, Aug, 2019 $96.29 $1, $9, Sep, 2019 $80.57 $1, $7, Oct, 2019 $64.72 $1, $5, Nov, 2019 $48.74 $1, $3, Dec, 2019 $32.63 $1, $1, Jan, 2020 $16.38 $1, $0.00