Employee: Luis Vasquez Employer: Mr. Blake Dickson Company: Economics 12.

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Presentation transcript:

Employee: Luis Vasquez Employer: Mr. Blake Dickson Company: Economics 12

Primary Home  Location: Mataró, Barcelona, Spain  Price: € ,00 or $1,217,  High class home in the best area of Mataró.  452 sq. Meters plus a 146 sq meter terrace area.  5 bedrooms and bathrooms  Pool  Great Ocean view.

Primary Home Payment Summary Mortgage Repayment Summary $13, Monthly Payment $4,741, Total of 360 Payments $1,698, Total Interest Paid Jan, 2040 Pay-off Date $1,826, Total Tax Paid $0.00 Total PMI Paid Monthly PMI 152 Monthly PMI Payments of $0.00 Each Oct, 2022 PMI Pay-off Date

Secondary Home  Location: Boston, Massachusetts, USA  Price: $1,800,000  2,3,4 bedroom residences, all with direct elevator access and garage parking.  Sleek and elegant gourmet kitchens with Viking appliances and gas cooking.  Sumptous marble master baths with double vanities, soaking tub, and step in showers.

Secondary Home Payment Summary $17, Monthly Payment $6,178, Total of 360 Payments $1,678, Total Interest Paid Jan, 2040 Pay-off Date $2,700, Total Tax Paid $0.00 Total PMI Paid Monthly PMI 126 Monthly PMI Payments of $0.00 Each Aug, 2020 PMI Pay-off Date

Maybach 62 S  $448,500  The S is a 4- door, up to 5-passenger luxury sedan.  The 62 S is equipped with a standard 6.0-liter, V12, 604-horsepower, turbo engine.  Achieves 10-mpg in the city and 16-mpg on the highway.

Maybach 62 S Payment Summary $7, Monthly Payment $845, Total of 120 Payments $262, Total Interest Paid Jan, 2020 Pay-off Date $134, Total Tax Paid $0.00 Total PMI Paid Monthly PMI 35 Monthly PMI Payments of $0.00 Each Jan, 2013 PMI Pay-off Date

Bentley Brooklands  $340,990  The 2009 Brooklands is a 2-door, 4-passenger luxury coupe.  The Brooklands is equipped with a standard 6.75-liter, V8, 530-horsepower, turbo engine.  Achieves 10-mpg in the city and 14-mpg on the highway.

Bentley Brooklands Payment Summary $8, Monthly Payment $495, Total of 60 Payments $103, Total Interest Paid Jan, 2015 Pay-off Date $51, Total Tax Paid $0.00 Total PMI Paid Monthly PMI 14 Monthly PMI Payments of $0.00 Each Apr, 2011 PMI Pay-off Date

Ferrari 612  $319,038  The is a 2- door, 4-passenger luxury sports car.  The 612 is equipped with a standard 6.0- liter, V12, 540- horsepower engine.  Achieves 9-mpg in the city and 16-mpg on the highway.

Ferrari 612 Payment Summary $8, Monthly Payment $483, Total of 60 Payments $116, Total Interest Paid Jan, 2015 Pay-off Date $47, Total Tax Paid $0.00 Total PMI Paid Monthly PMI 15 Monthly PMI Payments of $0.00 Each May, 2011 PMI Pay-off Date

MonthlyYearly Total (final) Salary (after tax)62,500750,000 Primary Home Loan13, ,0614,741, Secondary Home Loan17, , ,178, Maybach Loan7, , , Bentley Loan8, , , Ferrari Loan8, , , Total Loans53, ,47012,745, Remaining Budget8, ,530.00