FeedFool Posted May 19, 2007 Report Posted May 19, 2007 350,000 borrowed from bankers may only cost 335280 after 20 years if one lets out the property 2647 X 12 months = 31764 X 20 years = 635280 total payments @ 6.5 intrest rates Rental Income 1250 x 12 Months = 15000 x years=300000 Repayments 635280 Less income from rental 300000 ------------ Total cost 335280 With inflation money in 20 years (?335,280) will have no real value OMG
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