Dream Future

By: Bruk Araya

Monthly Income
Job- Computer Scientist

Annual salary after income tax- $81,455

Monthly salary after student loan- $6,507.92

Dream car
20% of remaining monthly Salary- $1301

Car- 2018 Subaru BRZ

Selling price- $25,595

Total purchase price with taxes - $28,538.43

Ap after down payment- $25,538.43

Monthly payment- $742.61

Less than 20%

Dream Home
30% of remaining monthly Salary- $1,952.38 Appreciation rate- 0%

Location- Pittsburg CA Equity- $125,200

Selling price- $125,200
Less than 30%
Monthly escrow payments- $125.2

Monthly property tax- $156.5

Down payment- $12,520

Ap- $112,680

Monthly payment- $886.90

All Together

Monthly salary- $6,787.92

20%- $1,301

30%- $1,952.38

Discretionary income- $5,160.41