Purchase Price  $       550,000
Down Payment 20% or  $       110,000
Mortgage Amount  $       440,000
Mortgage Interest Rate 6.00%
Monthly Interest Rate 0.500%
Length of Mortgage 30 yrs
Length of Mortgage 360 months
Monthly Mortgage Payment  $          2,638
Maintenance Charge  $             563
Monthly Out-Of-Pocket  $          3,201
Maintenance % Deductible 50%
Tax Bracket 38.5%
Initial Monthly Tax Savings  $             950
Initial Net Monthly Ownership Cost  $          2,251
Date BV INT Cum INT PMT Amoritized BV
Month 0  $                           440,000  $         -   #  $   (2,638) ## ###
Month 1  $                           437,362  $    2,187 #  $   (2,638) ## ###