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Introduction to business finance
Buying VS Renting ,[object Object],[object Object],[object Object],[object Object],[object Object]
The renter starts out paying $1000 per month with annual increases of 5%.The homeowner purchases a home for $132,000 and pays a monthly mortgage of $1,200   +864 +72 1000 1072 7 +252 +21 1000 1021 6 -336 -28 1000 972 5 -888 -74 1000 926 4 -1416 -118 1000 882 3 -1920 -160 1000 840 2 -2400 -200 1000 800 1 Yearly Difference   Monthly Difference   Mortgage Payment   Rent Payment Years
Floating interest rate ,[object Object]
Fixed interest rate ,[object Object]
Conclusion  ,[object Object]

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Slides

  • 2.
  • 3. The renter starts out paying $1000 per month with annual increases of 5%.The homeowner purchases a home for $132,000 and pays a monthly mortgage of $1,200 +864 +72 1000 1072 7 +252 +21 1000 1021 6 -336 -28 1000 972 5 -888 -74 1000 926 4 -1416 -118 1000 882 3 -1920 -160 1000 840 2 -2400 -200 1000 800 1 Yearly Difference Monthly Difference Mortgage Payment Rent Payment Years
  • 4.
  • 5.
  • 6.