Educational estimates, not financial advice.
Price $900,000 · Down payment 20% · Other closing costs $5,000
Amortization period 25 yrs · Segment 1 rate 5.24% (until payoff)
Suite portion 50% at $2,200/mo, 8% vacancy
Property tax 0.7673110000000001% · Maintenance 1% · Insurance 0.25% · Utilities $400/mo
Appreciation 3%/yr · Rent growth 2.5%/yr · Investment return 5%/yr · Selling costs 5.800000000000001%
Educational estimates, not financial advice. Verify numbers with your lender, accountant, and lawyer before acting.
Money you never see again — interest, taxes, upkeep and vacancy, minus what the suite brings in after tax. Principal isn’t counted: it stays yours. Renting the equivalent home would sink $3,700/mo incl. utilities.
| Year | Interest | Principal | Carrying costs | Suite, after tax | Sunk | Mortgage balance | Own — net worth | Rent — net worth |
|---|---|---|---|---|---|---|---|---|
| 1 | $36,982 | $14,455 | $23,204 | $26,900 | $33,286 | $705,545 | $167,689 | $228,062 |
| 2 | $36,215 | $15,223 | $23,756 | $27,186 | $32,785 | $690,322 | $209,109 | $242,140 |
| 3 | $35,407 | $16,031 | $24,325 | $27,474 | $32,257 | $674,292 | $252,122 | $256,171 |
| 4 | $34,556 | $16,882 | $24,911 | $27,766 | $31,701 | $657,410 | $294,518 | $270,140 |
| 5 | $33,660 | $17,778 | $25,514 | $28,059 | $31,114 | $639,632 | $337,701 | $284,035 |
| 6 | $32,716 | $18,722 | $26,135 | $28,355 | $30,496 | $620,910 | $382,591 | $297,839 |
| 7 | $31,722 | $19,716 | $26,775 | $28,654 | $29,844 | $601,195 | $429,259 | $311,537 |
| 8 | $30,675 | $20,762 | $27,435 | $28,954 | $29,156 | $580,433 | $477,783 | $325,113 |
| 9 | $29,573 | $21,864 | $28,114 | $29,255 | $28,432 | $558,568 | $528,242 | $338,549 |
| 10 | $28,413 | $23,025 | $28,813 | $29,559 | $27,667 | $535,543 | $580,719 | $351,830 |
| 11 | $27,190 | $24,247 | $29,534 | $29,863 | $26,861 | $511,296 | $635,302 | $364,935 |
| 12 | $25,903 | $25,535 | $30,276 | $30,168 | $26,011 | $485,761 | $692,083 | $377,847 |
| 13 | $24,547 | $26,890 | $31,040 | $30,473 | $25,115 | $458,871 | $751,156 | $390,545 |
| 14 | $23,120 | $28,318 | $31,827 | $30,778 | $24,169 | $430,554 | $812,622 | $403,010 |
| 15 | $21,617 | $29,821 | $32,638 | $31,082 | $23,172 | $400,733 | $876,586 | $415,219 |
| 16 | $20,034 | $31,404 | $33,473 | $31,386 | $22,121 | $369,329 | $943,158 | $427,152 |
| 17 | $18,366 | $33,071 | $34,333 | $31,688 | $21,012 | $336,258 | $1,012,451 | $438,786 |
| 18 | $16,611 | $34,827 | $35,219 | $31,988 | $19,842 | $301,431 | $1,084,587 | $450,097 |
| 19 | $14,762 | $36,676 | $36,132 | $32,286 | $18,608 | $264,755 | $1,159,691 | $461,062 |
| 20 | $12,815 | $38,623 | $37,072 | $32,580 | $17,307 | $226,133 | $1,237,895 | $471,656 |
| 21 | $10,765 | $40,673 | $38,040 | $32,870 | $15,934 | $185,460 | $1,319,337 | $481,855 |
| 22 | $8,606 | $42,832 | $39,037 | $33,156 | $14,487 | $142,628 | $1,404,161 | $491,632 |
| 23 | $6,332 | $45,106 | $40,064 | $33,437 | $12,959 | $97,522 | $1,492,518 | $500,960 |
| 24 | $3,937 | $47,500 | $41,122 | $33,711 | $11,349 | $50,022 | $1,584,567 | $509,813 |
| 25 | $1,416 | $50,022 | $42,212 | $33,978 | $9,650 | $0 | $1,680,475 | $518,163 |