Your Company Name
MyAssetBuilder™
Date Prepared: 08/15/2006


Your Name
Mortgage Specialist
800-244-1777
Your Address
Your City, MA 123456
Tel: 800-244-1777
Fax: 555-555-1212
Email: yourname@yourdomain.com
   
This MyAssetBuilder™ Report Created For:
Jane Doe
123 Main Street
Anytown , MA 12345 		 

Outstanding Debts

This section displays your current outstanding debts based on the information we have on file for you that will be paid off by the proposed financing below.
Type
Rate
Balance
Payment
1st Mortgage
7.75
$184,832.48
$1,576.11
Revolving Charge
$8,500.00
$500.00
car
$18,000.00
$450.00
second car
$14,000.00
$275.00
student loan
$18,000.00
$100.00
Debts to be paid off:
$244,089.94
$2,901.11


Proposed
Refinancing

This section displays our proposed financing based on the debts listed above.
Loan Type
Term
Rate
Balance
Payment
1st
Fixed
360 mos.
6.75
$348,000.00
$2,257.12
2nd
 None
0
10.25
$0.00
$0.00
ADDITIONAL MONTHLY CONTRIBUTION
$0.00
 
Totals:
$348,000.00
$2,257.12
Loan cost:
$7,999.80
Your proceeds from this refinance:
$96,667.72
Your increased monthly cash flow:
$643.99

Your Accumulating
Assets

This section shows how your proceeds and increased cash flow from our proposed financing could accumulate over the years.
Calculated from Proposed Financing:
Balance Available: $96,667.72
Cash flow change: :$643.99
Adjusted Opening Balance and Monthly Deposit (used below):
Opening Balance: $95,910.26
Monthly Deposit: $643.99
 
Rate:3%
compounded monthly
tax deferred account, or no taxes paid from account
In 5 Years it will be
In 15 Years it will be
In 30 Years it will be
$153,042.80
$296,500.93
$610,933.54
 
Rate:6%
compounded monthly .
In 5 Years it will be
In 15 Years it will be
In 30 Years it will be
$174,299.77
$422,657.09
$1,224,545.12
 
Rate:10%
compounded monthly .
In 5 Years it will be
In 15 Years it will be
In 30 Years it will be
$207,670.71
$694,091.34
$3,358,362.86

Your Projected Real Estate

This section shows the forcasted increase in the worth of your home based on current projections.


Current Value:
$450,000.00
Projected Rate:
3% compounded quarterly
Years
Projected Value
5
$521,673.33
15
$701,085.34
30
$1,092,268.11

Combined Value Of Your Real Estate And New Accumulating Asset
Years
Before
After (3%)
After (6%)
After (10%)
5
$521,673.33
$674,716.13
$695,973.10
$729,344.04
15
$701,085.34
$997,586.27
$1,123,742.43
$1,395,176.68
30
$1,092,268.11
$1,703,201.65
$2,316,813.23
$4,450,630.97


Amortization

This section discloses how the tables above were calculated. For more information, please feel free to call me at 800-244-1777.
Your Asset created from proposed financing:
Opening Balance: $95,910.26 Monthly contibution :$643.99
Proposed financing:
Loan Type
Term
Rate
Balance
Payment
1st
Fixed
360
6.75
$348,000.00
$2,257.12
2nd
 None
360
10.25
$0.00
$0.00
 
Totals:
$348,000.00
$2,257.12


Loan Amount: $348,000.00 Opening Balance: $95,910.26 Monthly Deposit: $643.99
The accumulated asset balances shown below do not include depreciation for taxes.

DEPOSITS BY YEAR
Year
Per Mo.
Year
Per Mo.
Year
Per Mo.
Year
Per Mo.
Year
Per Mo.
1
$643.99
7
$643.99
13
$643.99
19
$643.99
25
$643.99
2
$643.99
8
$643.99
14
$643.99
20
$643.99
26
$643.99
3
$643.99
9
$643.99
15
$643.99
21
$643.99
27
$643.99
4
$643.99
10
$643.99
16
$643.99
22
$643.99
28
$643.99
5
$643.99
11
$643.99
17
$643.99
23
$643.99
29
$643.99
6
$643.99
12
$643.99
18
$643.99
24
$643.99
30
$645.67

Mortgage
3%
6%
10%
Yr
Mortgage
Balance
Starting
Principal
Int.
Earned
Ending
Principal
Starting
Principal
Int.
Earned
Ending
Principal
  
Starting
Principal
Int.
Earned
Ending
Principal
1
$336,367
 
$95,910
$3,024
$106,662
 
$95,910
$6,132
$109,770
 
$95,910
$10,407
$114,045
2
$332,491
 
$106,662
$3,351
$117,742
 
$109,770
$6,986
$124,484
 
$114,045
$12,306
$134,080
3
$328,345
 
$117,742
$3,688
$129,158
 
$124,484
$7,894
$140,106
 
$134,080
$14,404
$156,212
4
$323,911
 
$129,158
$4,036
$140,922
 
$140,106
$8,858
$156,691
 
$156,212
$16,722
$180,661
5
$319,168
 
$140,922
$4,393
$153,043
 
$156,691
$9,880
$174,300
 
$180,661
$19,282
$207,671
6
$314,095
 
$153,043
$4,762
$165,533
 
$174,300
$10,967
$192,994
 
$207,671
$22,110
$237,509
7
$308,668
 
$165,533
$5,142
$178,403
 
$192,994
$12,120
$212,842
 
$237,509
$25,234
$270,471
8
$302,864
 
$178,403
$5,533
$191,664
 
$212,842
$13,344
$233,913
 
$270,471
$28,686
$306,885
9
$296,655
 
$191,664
$5,937
$205,329
 
$233,913
$14,643
$256,284
 
$306,885
$32,499
$347,112
10
$290,015
 
$205,329
$6,352
$219,409
 
$256,284
$16,023
$280,035
 
$347,112
$36,711
$391,551
11
$282,911
 
$219,409
$6,781
$233,917
 
$280,035
$17,488
$305,251
 
$391,551
$41,365
$440,644
12
$275,314
 
$233,917
$7,222
$248,867
 
$305,251
$19,043
$332,023
 
$440,644
$46,505
$494,877
13
$267,187
 
$248,867
$7,677
$264,272
 
$332,023
$20,695
$360,445
 
$494,877
$52,184
$554,789
14
$258,494
 
$264,272
$8,145
$280,145
 
$360,445
$22,448
$390,620
 
$554,789
$58,458
$620,975
15
$249,197
 
$280,145
$8,628
$296,501
 
$390,620
$24,309
$422,657
 
$620,975
$65,388
$694,091
16
$239,251
 
$296,501
$9,126
$313,354
 
$422,657
$26,285
$456,670
 
$694,091
$73,045
$774,864
17
$228,614
 
$313,354
$9,638
$330,720
 
$456,670
$28,382
$492,780
 
$774,864
$81,503
$864,094
18
$217,235
 
$330,720
$10,166
$348,615
 
$492,780
$30,610
$531,118
 
$864,094
$90,846
$962,668
19
$205,065
 
$348,615
$10,711
$367,053
 
$531,118
$32,974
$571,820
 
$962,668
$101,168
1,071,564
20
$192,047
 
$367,053
$11,271
$386,052
 
$571,820
$35,485
$615,032
 
1,071,564
$112,571
1,191,863
21
$178,122
 
$386,052
$11,849
$405,629
 
$615,032
$38,150
$660,910
 
1,191,863
$125,168
1,324,759
22
$163,228
 
$405,629
$12,445
$425,802
 
$660,910
$40,980
$709,618
 
1,324,759
$139,084
1,471,571
23
$147,297
 
$425,802
$13,058
$446,588
 
$709,618
$43,984
$761,329
 
1,471,571
$154,457
1,633,756
24
$130,257
 
$446,588
$13,691
$468,007
 
$761,329
$47,173
$816,230
 
1,633,756
$171,440
1,812,923
25
$112,030
 
$468,007
$14,342
$490,077
 
$816,230
$50,559
$874,518
 
1,812,923
$190,201
2,010,852
26
$92,535
 
$490,077
$15,013
$512,818
 
$874,518
$54,154
$936,400
 
2,010,852
$210,927
2,229,507
27
$71,681
 
$512,818
$15,705
$536,251
 
$936,400
$57,971
1,002,099
 
2,229,507
$233,823
2,471,057
28
$49,376
 
$536,251
$16,418
$560,396
 
1,002,099
$62,023
1,071,850
 
2,471,057
$259,116
2,737,901
29
$25,518
 
$560,396
$17,152
$585,276
 
1,071,850
$66,325
1,145,904
 
2,737,901
$287,058
3,032,688
30
$0
 
$585,276
$17,909
$610,934
 
1,145,904
$70,893
1,224,545
 
3,032,688
$317,927
3,358,363
*Note: White text on black background in the Ending Principal column indicates where the accumulated assets exceed the proposed mortgage debt ... Debt Free!


Net Equity

This section shows the increasing value of your home and the value of your accumulating asset through the years of our proposed financing.
The proposed financing and asset accumulation:
Loan Amount: $348,000.00
Asset Accumulation Term:30 years
Current Home Value and expected appreciation:
Current Home Value: $450,000.00
Expected appreciation: 3%
 
compounded yearly
   
Yr
Mortgage
Home
Apprec.
at 3%
  
Accum.
Asset at 3%
+ Home
Apprec.
Net
Equity
3%
  
Accum.
Asset at 6%
+ Home
Apprec.
Net
Equity
6%
  
Accum.
Asset at 10%
+ Home
Apprec.
Net
Equity
10%
1
$336,367
$463,653
  
$570,315
$233,949
  
$573,422
$237,056
  
$577,698
$241,332
2
$332,491
$477,719
  
$595,461
$262,970
  
$602,204
$269,713
  
$611,799
$279,308
3
$328,345
$492,213
  
$621,371
$293,026
  
$632,319
$303,974
  
$648,425
$320,079
4
$323,911
$507,146
  
$648,068
$324,157
  
$663,838
$339,927
  
$687,807
$363,897
5
$319,168
$522,533
  
$675,576
$356,408
  
$696,833
$377,665
  
$730,204
$411,036
6
$314,095
$538,386
  
$703,919
$389,824
  
$731,380
$417,286
  
$775,895
$461,800
7
$308,668
$554,720
  
$733,123
$424,455
  
$767,562
$458,894
  
$825,191
$516,523
8
$302,864
$571,550
  
$763,214
$460,350
  
$805,463
$502,599
  
$878,435
$575,571
9
$296,655
$588,890
  
$794,219
$497,564
  
$845,175
$548,519
  
$936,002
$639,347
10
$290,015
$606,757
  
$826,166
$536,151
  
$886,792
$596,778
  
$998,308
$708,293
11
$282,911
$625,165
  
$859,083
$576,171
  
$930,417
$647,505
  
$1,065,809
$782,898
12
$275,314
$644,132
  
$893,000
$617,686
  
$976,155
$700,841
  
$1,139,009
$863,696
13
$267,187
$663,675
  
$927,947
$660,760
  
$1,024,120
$756,933
  
$1,218,464
$951,277
14
$258,494
$683,810
  
$963,955
$705,461
  
$1,074,431
$815,936
  
$1,304,785
$1,046,291
15
$249,197
$704,556
  
$1,001,057
$751,861
  
$1,127,214