Mortgage Planner

Tools to plan how much each person would pay for a potential offer

Offer:

123 Fake St, Los Angeles, CA 90001

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Strategy:

Split by Take-home Pay

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“Split Evenly” means everyone in the household will pay the same dollar amount each month.

“Split by Gross Pay” means that people with a higher gross income will pay a larger portion of the monthly payment.

“Split by Take-home Pay” means that people with a higher take-home pay will pay a larger portion of the monthly payment.

“Custom” means the percentages in the “Custom Contribution Percentages” table will be used to determine how much of the monthly payment each person contributes.

Custom Contribution Percentages

Person

Custom Mortgage Contribution Percent

75%

Roommate

25%

There are no rows in this table

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Mortgage Contribution per Person

Mortgage Contribution per Person

Person

Monthly Payment

Percent of Gross Pay

Percent of Take-home Pay

Monthly Savings

$331.60

10%

$2,918.40

Roommate

$294.06

10%

$2,630.94

There are no rows in this table

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