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A Tale of Two Brothers

A Tale of Two Brothers. Our story follows two brothers, each earning $150,000 a year.They each have a $100,000 in savings and both are buying a $500,000 home.. 15-year mortgage at 5.875% APR$100,000 big down payment (20%)$0 left to invest$3,348 monthly payment (57% is tax deductible first year/33% average)$2,983 average monthly net after-tax cost

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A Tale of Two Brothers

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    1. A Tale of Two Brothers Adapted from the book, The New Rules of Money by Ric Edelman

    2. A Tale of Two Brothers

    3. A Tale of Two Brothers

    4. A Tale of Two Brothers

    5. Brothers Net Worth

    6. Incorporating Home Ownership into Your Financial Plan

    7. Book Excerpts

    8. Which is More Prudent?

    9. Article

    10. Many Americans Believe the Following to be True: Your home equity is a prudent investment Extra principle payments on your mortgage saves you money Mortgage interest should be eliminated as soon as possible Substantial equity in your home enhances your net worth Home equity has a rate of return

    11. Book Excerpts

    12. Article

    13. Article

    14. Article

    15. 3 Key Elements of a Prudent Investment

    18. Truth About Extra Principle Payments

    19. Truth About Equity

    20. Whats Next?

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