All monthly expenses are calculated including a monthly deposit and a loan that can be serviced at a given monthly income.
All of these metrics determine the ceiling on the bid price for a property that the buyer can afford.
The application allows to calculate one of the following three parameters: monthly income; own cash saved; and the price of the property for the depositor given two of them and the others. For example, what kind of monthly income would you have at a set price for the property and your own savings to complete the purchase.
The application creates a document with the above contents including a loan servicing table.
The application contains advertising banners.
The investment decision is made on:
the basis of the monthly income the buyer has;
the monthly tax liabilities for the property;
the value of the insurance for the month;
the monthly maintenance costs are reported
The application allows to calculate one of the following three parameters:
monthly income;
own cash saved;Â
and the price of the property for the depositor given two of them and the others.