Loan Term
Months
Purchase Price
$
Maintenance/CC's
$
Down payment
$
Tax Deductible Maintenance
Mortgage Amount
$ 400,000.00
Property Tax
$
Mortgage Rate
Income Tax bracket
Mortgage Payment
$ 2,661.21
Mortgage Interest
$ 2,333.33
Maintenance Payment
$ 750.00
Deductible Maintenance
$ 150.00
Tax Payment
$ 0.00
Property Taxes
$ 0.00
Total Expenses
$ 3,411.21
Total Tax Deductible
$ 2,483.33
Total Tax Saving
$ 993.33
Net Monthly Cost
$ 2,417.88
Net Monthly Expense*
$ 2,090.00


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