If Unsecured Borrowed Funds Are Used To Provide Needed Cash At Settlem

Input
Shortfall or Money Needed To Settle $20,000 $20,000Source
Possible $20,000 $20,000 IRA, $20,000
Of Funds: Personal Family or Friends IRA, Person
Input
Monthly Payment On Existing Mortgage $1,100 family member
$1,100 or friend,
$1,100 Personal
$1,100 Credit Line or even Credit Cards..
$1,100
combination of these sources.

Assumed Interest Rate 6% 8% 10% 12% 14%

Planned Payment Years To Pay Off 2 2 2 2 2
Monthly Payment Required $882 $899 $915 $932 $949
Net Monthly Cash Flow Improvement $218 $201 $185 $168 $151

Planned Payment Years To Pay Off 3 3 3 3 3

Monthly Payment Required $605 $623 $640 $658 $676
Net Monthly Cash Flow Improvement $495 $477 $460 $442 $424

Planned Payment Years To Pay Off 4 4 4 4 4

Monthly Payment Required $467 $485 $503 $521 $540
Net Monthly Cash Flow Improvement $633 $615 $597 $579 $560

Planned Payment Years To Pay Off 5 5 5 5 5

Monthly Payment Required $385 $403 $421 $440 $460
Net Monthly Cash Flow Improvement $715 $697 $679 $660 $640

Planned Payment Years To Pay Off 6 6 6 6 6

Monthly Payment Required $330 $348 $367 $387 $407
Net Monthly Cash Flow Improvement $770 $752 $733 $713 $693

Planned Payment Years To Pay Off 7 7 7 7 7

Monthly Payment Required $291 $310 $329 $350 $370
Net Monthly Cash Flow Improvement $809 $790 $771 $750 $730

Planned Payment Years To Pay Off 8 8 8 8 8

Monthly Payment Required $262 $281 $301 $322 $343
Net Monthly Cash Flow Improvement $838 $471 $432 $391 $349

Planned Payment Years To Pay Off 9 9 9 9 9

Monthly Payment Required $239 $259 $279 $301 $323
Net Monthly Cash Flow Improvement $861 $841 $821 $799 $777

Planned Payment Years To Pay Off 10 10 10 10 10

Monthly Payment Required $221 $241 $262 $284 $307
Net Monthly Cash Flow Improvement $879 $859 $838 $816 $793
Cash At Settlement
$20,000
ly or Friends $20,000
IRA, Personal $20,000
Loan from
e or even$1,100
Credit Cards...or
$1,100any $1,100

16% 18% 20%

2 2 2
$966 $984 $1,001
$134 $116 $99

3 3 3
$694 $712 $731
$406 $388 $369

4 4 4
$559 $579 $599
$541 $521 $501

5 5 5
$480 $500 $521
$620 $600 $579

6 6 6
$428 $449 $471
$672 $651 $629

7 7 7
$392 $414 $437
$708 $686 $663

8 8 8
$366 $389 $412
$306 $262 $217

9 9 9
$346 $370 $394
$754 $730 $706

10 10 10
$331 $355 $380
$769 $745 $720