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Business, 29.10.2019 22:31 azaz1819

Rental costs buying costs annual rent $ 8,130 annual mortgage payments $ 10,550 (9,950 is interest) insurance $ 220 property taxes $ 2,080 security deposit $ 1,025 down payment/closing costs $ 5,250 growth in equity $ 600 insurance/maintenance $ 1,800 estimated annual appreciation $ 2,450 assume an after-tax savings interest rate of 9 percent and a tax rate of 26 percent. assume this individual has other tax deductions that exceed the standard deduction amount. a. calculate total rental cost and total buying cost.

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