| 1. Sales Price of Condominium |
$ |
| 2. Less Down Payment (___% down) |
|
| 3. Amount of Mortgage (___yrs. @ ____________%
interest) |
|
| 4. Monthly payments: principal and interest
________________ |
|
| 5.
Monthly deposit for taxes, approximately |
|
| 6. Monthly maintenance fee |
|
| 7. Total Monthly Payment |
$ |
| 8. Expense items for income tax deductions |
|
| |
A. Average monthly interest (fiscal year) |
|
| |
B. Monthly tax deposit |
|
| |
C. Total tax deduction |
|
9. In the _______% tax bracket, cash savings
per month
(tax bracket times total deductions of the line
8C.) |
|
| 10. Actual monthly payment (line 7 minus
line 9) |
$ |
