Mortgage Amount - This is your mortgage amount and is used in determining your mortgage payment. This number is also used in determining the amortization of your loan over our five years forecast analysis. This variable is only used for properties not yet acquired because it assumes that your loan has not begun the amortization process, i.e. you have not yet made the first payment on your anticipated loan.

Mortgage Term - This is the term of the mortgage loan.

Mortgage Rate - This is the rate of the mortgage loan. Only fixed rate amortizing loans can be processed using any of these models. These models will not yet process variable rate loans or interest only loans.

Real Estate Taxes - This is the annual real estate taxes.

Maintenance - This should include the annual insurance, water, maintenance and repairs or any other expenses that you want to include in the analysis.

Ordinary Income Tax Rate (A) - This would be an estimate of your ordinary income tax rate and is used in this analysis to determine any benefit from deducting allowable homeowners expenses such as mortgage interest and real estate taxes. It is up to you to determine this tax benefit as a percentage of mortgage interest and real estate taxes. The benefit of deducting mortgage interest and real estate taxes can vary substantially depending on each individuals circumstances and in some cases may present NO benefit at all.

Can You Deduct Mortgage Interest and Real Estate Taxes From Your Personal Income Taxes? - Select YES if you would like to apply ordinary income tax rate (A) to the sum of mortgage interest and real estate taxes in estimating a tax benefit for these personal expenses. Select NO if you would not like to calculate any tax benefit from personal mortgage interest and real estate taxes.

Increase/Decrease Real Estate Tax - This is your estimate of the projected annual increases or decreases in the real estate taxes over the next 5 years.

Increase/Decrease Maintenance - This is your estimate of the projected annual increases or decreases in the maintenance over the next 5 years.