Calculator of what you earn on your property – Payday Loan ConsolidationOn August 2, 2019 by Earl Lipton
If you are in the housing market for a long time, it is also possible that you will accumulate a large housing wealth. With this calculator you get an approx. figures on how much housing wealth you accumulate, with realistic assumptions.
All the numbers you enter should be in today’s monetary value.
Enter the value of the home you may have as of today, or from the time you want to start. At the same time, you enter the debt you have on the property.
Furthermore, you have to anticipate the long-term growth in house prices and inflation. It is very possible to assume that house prices will at least grow in line with wage increases. It is therefore cautiously estimated at 4.0%. Inflation is pre-imposed by 2.5%, since this is the long-term inflation target.
Here is the calculator that calculates what you earn on your property!
You can increase the value of what you put in the housing market twice. At the same time, you enter how many years ahead it is until you make new purchases. Here you can also add additional costs for purchases. These additional costs can be document fees, renovations, etc. The bottom line is that there will always be some extra costs associated with purchasing. The numbers should be in today’s monetary value.
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