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Tax Benefits Calculator

Input
Property Info
Home Value ($)
Years Before Sell ($)
Loan Info
Amount ($)
Interest (%)
Loan Length (Yrs)
Points (%)
Taxes and Insurance
Annual Property Taxes
Annual Insurance
Annual PMI
Your Tax Rates and Deductions
Taxes (%)
StateTax (%)
Annual Deductions ($)
Financial Analysis
Amount Financed $247,500.00
Monthly Payment $1,304.12
Monthly Property Taxes $250.00
Monthly Insurance $125.00
Months with PMI 30
Monthly PMI $104.17
Total Monthly Payment $1,783.29
  First Years Total
Interest and Points $59,492.69 $221,982.60
Total Property Taxes $15,000.00 $90,000.00
Total Annual Deductions $15,000.00 $90,000.00
Total Deductions $89,492.69 $401,982.60
Tax Savings $27,742.74 $124,614.61
Average Payment After Taxes $841.74 $957.97




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