Assumption | Value |
---|---|
Mortgage Interest Rate | 5% |
What you pay the bank in interest on your home loan | |
Capital Gains Rate | 3.5% |
The increase in your home’s value each year | |
Savings Interest Rate | 2.5% |
The amount you earn from the bank on any savings | |
Loan Term (Years) | 30 |
How long you will take to pay off your mortgage |