Saving for Retirement

Inputs

Target balance (in today's rupees) 5000000 Year

Current savings balance (Rs.) 100000 1
Expected annual inflation rate (%) 3% 2
Planned savings increment rate (%) 2% 3
Expected annual dividend income (%) 2% 4
Expected annual capital appreciation (%) 6% 5
Ordinary income tax rate on dividends (%) 15% 6
Capital gains tax rate (%) 15% 7
Current age 30 8
Retirement age 65 9
10
Required first installment saving 10000 11
No. Of installments of savings 35 12
Target Balance in future Rs ₹ 2,813,862 13
Final after tax balance less target balance 14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
Yr-beg baln(Pre- Dividend Capital Yr end Bal
Saving) Annual Saving Income Appreciation after div tax Tax Basis
100000 10000 2200 6600
Planning for Retirement

Return on fixed income 6%

Return on stocks (Cap. Appr) 12%
Tax rate (ordinary) 25%
Tax rate (cap. gains) 15%
Inflation rate 3%
Initial balance 1300000
Initial annual withdrawal 84223
Security horizon (years) 20
Proportion in fixed income 80%
Proportion in equity 20%

Total Bal. yaer Annual

Year beg Withdrawl
1 1300000 84223
2 1288723.6834 86749.628409
3 1274092.4983 89352.117261
4 1255824.8039 92032.680779
5 1233619.6505 94793.661202
6 1207155.5486 97637.471039
7 1176089.1623 100566.59517
8 1140053.9211 103583.59302
9 1098658.5478 106691.10082
10 1051485.4938 109891.83384
11 998089.27953 113188.58886
12 937994.73211 116584.24652
13 870695.11472 120081.77392
14 795650.14126 123684.22713
15 712283.86897 127394.75395
16 619982.46192 131216.59657
17 518091.81728 135153.09446
18 405915.04618 139207.6873
19 282709.80042 143383.91792
20 147685.43545 147685.43545
 54810.37801 31939.250399 86749.628409
#REF!

Fi holding year Stock hold before tax int. income return on Stock Hold Fi Holding year
beg year beg stock sales after tax stock Year end end
972621.64784 243155.41196 0 43767.974153 29178.649435 272334.06139 1016389.622
961579.24398 240394.811 -31939.2504 43271.065979 28847.377319 269242.18831 1004850.31
947792.30481 236948.0762 -32294.11211 42650.653716 28433.769144 265381.84535 990442.95853
931033.69848 232758.42462 -32623.42073 41896.516431 27931.010954 260689.43557 972930.21491
911060.79142 227765.19786 -32924.23772 40997.735614 27331.823743 255097.0216 952058.52704
887614.46208 221903.61552 -33193.40608 39942.650793 26628.433862 248532.04938 927557.11287
860418.05367 215104.51342 -33427.53597 38718.812415 25812.54161 240917.05503 899136.86608
829176.26247 207294.06562 -33622.98941 37312.931811 24875.287874 232169.35349 866489.19428
793573.95756 198393.48939 -33775.8641 35710.82809 23807.218727 222200.70812 829284.78565
753274.92794 188318.73199 -33881.97613 33897.371757 22598.247838 210916.97982 787172.2997
707920.55254 176980.13813 -33936.84169 31856.424864 21237.616576 198217.75471 739776.9774
657128.38847 164282.09712 -33935.65759 29570.777481 19713.851654 183995.94877 686699.16595
600490.67265 150122.66816 -33873.28061 27022.080269 18014.720179 168137.38834 627512.75292
537572.7313 134393.18282 -33744.20552 24190.772908 16127.181939 150520.36476 561763.50421
467911.29202 116977.823 -33542.54176 21056.008141 14037.338761 131015.16176 488967.30016
391012.69229 97753.173071 -33261.98869 17595.571153 11730.380769 109483.55384 408608.26344
306350.97825 76587.744563 -32895.80928 13785.794021 9190.5293476 85778.273911 320136.77227
213365.88711 53341.471777 -32436.80213 9601.4649199 6400.9766133 59742.448391 222967.35203
111460.706 27865.176501 -31877.27189 5015.7317701 3343.8211801 31208.997681 116476.43777
-1.117587E-09 -2.793968E-10 -31208.99768 -5.029142E-11 -3.352761E-11 -3.129244E-10 -1.167879E-09
 Tax basis of
Total Balance stock year end Basis Used CG Tax Paid
1288723.6834 243155.41196 0 0
1274092.4983 214638.2241 -28517.18786 -513.3093814
1255824.8039 185804.19543 -28834.02867 -519.0125161
1233619.6505 156676.14121 -29128.05422 -524.304976
1207155.5486 127279.50039 -29396.64082 -529.1395347
1176089.1623 97642.530677 -29636.96971 -533.4654548
1140053.9211 67796.516423 -29846.01425 -537.2282566
1098658.5478 37775.990164 -30020.52626 -540.3694727
1051485.4938 7618.9686459 -30157.02152 -542.8263873
998089.27953 -22632.79576 -30251.7644 -544.5317593
937994.73211 -52933.54727 -30300.75151 -545.4135272
870695.11472 -83233.24154 -30299.69428 -545.394497
795650.14126 -113477.2421 -30244.00054 -544.3920098
712283.86897 -143605.997 -30128.75493 -542.3175887
619982.46192 -173554.695 -29948.698 -539.076564
518091.81728 -203252.8992 -29698.20419 -534.5676754
405915.04618 -232624.1575 -29371.25828 -528.6826491
282709.80042 -261585.588 -28961.43048 -521.3057486
147685.43545 -290047.4379 -28461.8499 -512.3132982
-1.480803E-09 -317912.6144 -27865.1765 -501.573177
Reverse Mortgage
Value of your home 400,000
How much as an initial lump sum? 100,000
How much in payments each month? 500
How many years for monthly payments? 10
Total initial mortgage 160,000
Initial mortgage as % of home value 40.0%
Interest rate on loan 9.00%
Monthly fees 12
Establishment costs 1,200
Assumed annual increase in home value 3.5%
Assumed annual inflation rate 6.5%
Your equity falls to zero after 120
How much payment in each month? 1215.515
Monthly interest rate 0.75%
Monthly increase in house property 0.29%
Monthly inflatioin rate 0.54%
Opening loan after fees 101,200

Mortgage
Outstanding at Monthly Mortgage Value of
beginning of Income Interest debt at end of house end of
Months month Stream accrued Monthly fees month month
1 101200.00 1216 768 12 103,196 401,167
2 103196 1222 783 12 105,213 402,337
3 105213 1229 798 12 107,252 403,510
4 107252 1235 814 12 109,313 404,687
5 109313 1242 829 12 111,396 405,867
6 111396 1249 845 12 113,502 407,051
7 113502 1256 861 12 115,630 408,238
8 115630 1262 877 12 117,781 409,429
9 117781 1269 893 12 119,955 410,623
10 119955 1276 909 12 122,152 411,821
11 122152 1283 926 12 124,373 413,022
12 124373 1290 942 12 126,618 414,227
13 126618 1297 959 12 128,886 415,435
14 128886 1304 976 12 131,178 416,647
15 131178 1311 994 12 133,495 417,862
16 133495 1318 1,011 12 135,836 419,081
17 135836 1325 1,029 12 138,202 420,303
18 138202 1332 1,047 12 140,593 421,529
19 140593 1340 1,064 12 143,009 422,758
20 143009 1347 1,083 12 145,451 423,991
21 145451 1354 1,101 12 147,918 425,228
22 147918 1362 1,120 12 150,411 426,468
23 150411 1369 1,138 12 152,930 427,712
24 152930 1376 1,157 12 155,476 428,960
25 155476 1384 1,176 12 158,048 430,211
26 158048 1391 1,196 12 160,647 431,465
27 160647 1399 1,215 12 163,273 432,724
28 163273 1406 1,235 12 165,927 433,986
29 165927 1414 1,255 12 168,608 435,252
30 168608 1422 1,275 12 171,317 436,521
31 171317 1429 1,296 12 174,054 437,794
32 174054 1437 1,316 12 176,819 439,071
33 176819 1445 1,337 12 179,613 440,352
34 179613 1453 1,358 12 182,436 441,636
35 182436 1461 1,379 12 185,287 442,924
36 185287 1468 1,401 12 188,169 444,216
37 188169 1476 1,422 12 191,079 445,512
38 191079 1484 1,444 12 194,020 446,811
39 194020 1492 1,466 12 196,991 448,115
40 196991 1501 1,489 12 199,992 449,422
41 199992 1509 1,511 12 203,024 450,732
42 203024 1517 1,534 12 206,087 452,047
43 206087 1525 1,557 12 209,181 453,366
44 209181 1533 1,580 12 212,307 454,688
45 212307 1542 1,604 12 215,465 456,014
46 215465 1550 1,628 12 218,654 457,344
47 218654 1558 1,652 12 221,876 458,678
48 221876 1567 1,676 12 225,131 460,016
49 225131 1575 1,700 12 228,418 461,357
50 228418 1584 1,725 12 231,739 462,703
51 231739 1592 1,750 12 235,094 464,053
52 235094 1601 1,775 12 238,482 465,406
53 238482 1610 1,801 12 241,904 466,764
54 241904 1618 1,826 12 245,361 468,125
55 245361 1627 1,852 12 248,853 469,490
56 248853 1636 1,879 12 252,380 470,860
57 252380 1645 1,905 12 255,942 472,233
58 255942 1654 1,932 12 259,540 473,610
59 259540 1663 1,959 12 263,173 474,992
60 263173 1672 1,986 12 266,843 476,377
61 266843 1681 2,014 12 270,550 477,767
62 270550 1690 2,042 12 274,294 479,160
63 274294 1699 2,070 12 278,075 480,558
64 278075 1708 2,098 12 281,894 481,959
65 281894 1718 2,127 12 285,750 483,365
66 285750 1727 2,156 12 289,645 484,775
67 289645 1736 2,185 12 293,579 486,189
68 293579 1746 2,215 12 297,551 487,607
69 297551 1755 2,245 12 301,563 489,029
70 301563 1765 2,275 12 305,615 490,455
71 305615 1774 2,305 12 309,706 491,886
72 309706 1784 2,336 12 313,838 493,320
73 313838 1793 2,367 12 318,011 494,759
74 318011 1803 2,399 12 322,225 496,202
75 322225 1813 2,430 12 326,480 497,650
76 326480 1823 2,462 12 330,777 499,101
 77 330777 1833 2,495 12 335,116 500,557
78 335116 1843 2,527 12 339,498 502,017
79 339498 1852 2,560 12 343,922 503,481
80 343922 1863 2,593 12 348,390 504,949
81 348390 1873 2,627 12 352,902 506,422
82 352902 1883 2,661 12 357,457 507,899
83 357457 1893 2,695 12 362,057 509,381
84 362057 1903 2,730 12 366,702 510,866
85 366702 1914 2,765 12 371,392 512,356
86 371392 1924 2,800 12 376,128 513,851
87 376128 1934 2,835 12 380,910 515,349
88 380910 1945 2,871 12 385,738 516,853
89 385738 1955 2,908 12 390,613 518,360
90 390613 1966 2,944 12 395,535 519,872
91 395535 1977 2,981 12 400,505 521,388
92 400505 1987 3,019 12 405,523 522,909
93 405523 1998 3,056 12 410,590 524,434
94 410590 2009 3,094 12 415,705 525,964
95 415705 2020 3,133 12 420,870 527,498
96 420870 2031 3,172 12 426,084 529,036
97 426084 2042 3,211 12 431,349 530,579
98 431349 2053 3,251 12 436,664 532,127
99 436664 2064 3,290 12 442,030 533,679
100 442030 2075 3,331 12 447,448 535,235
101 447448 2086 3,372 12 452,918 536,797
102 452918 2098 3,413 12 458,440 538,362
103 458440 2109 3,454 12 464,015 539,932
104 464015 2120 3,496 12 469,643 541,507
105 469643 2132 3,538 12 475,325 543,087
106 475325 2143 3,581 12 481,062 544,671
107 481062 2155 3,624 12 486,853 546,259
108 486853 2167 3,668 12 492,699 547,852
109 492699 2178 3,712 12 498,601 549,450
110 498601 2190 3,756 12 504,559 551,053
111 504559 2202 3,801 12 510,574 552,660
112 510574 2214 3,846 12 516,646 554,272
113 516646 2226 3,892 12 522,776 555,889
114 522776 2238 3,938 12 528,963 557,510
115 528963 2250 3,984 12 535,209 559,136
116 535209 2262 4,031 12 541,515 560,767
117 541515 2275 4,078 12 547,880 562,403
118 547880 2287 4,126 12 554,305 564,043
119 554305 2299 4,175 12 560,791 565,688
120 560791 2312 4,223 12 567,338 567,338
Equity
remaining Year Year_int Monthly
297,971
297,124
296,258
295,374
294,471
293,549
292,608
291,648
290,668
289,669
288,649
287,609
286,549
285,468
284,367
283,244
282,101
280,936
279,749
278,541
277,310
276,057
274,782
273,484
272,162
270,818
269,450
268,059
266,644
265,204
263,741
262,252
260,739
259,201
257,637
256,048
254,433
252,791
251,124
249,429
247,708
245,960
244,184
242,381
240,549
238,690
236,802
234,885
232,939
230,964
228,959
226,924
224,859
222,764
220,637
218,480
216,291
214,071
211,818
209,534
207,216
204,866
202,483
200,066
197,615
195,129
192,610
190,055
187,466
184,840
182,179
179,482
176,748
173,978
171,170
168,324
165,441
162,519
159,559
156,559
153,521
150,442
147,323
144,164
140,964
137,723
134,440
131,114
127,747
124,337
120,883
117,386
113,844
110,259
106,628
102,952
99,231
95,463
91,649
87,787
83,879
79,922
75,917
71,864
67,761
63,609
59,406
55,153
50,849
46,494
42,086
37,626
33,113
28,547
23,927
19,252
14,523
9,738
4,897
0
Reverse Mortgage
Value of your home 400,000
How much as an initial lump sum? 100,000
How much in payments each month? 500
How many years for monthly payments? 10
Total initial mortgage 160,000
Initial mortgage as % of home value 40.0%
Interest rate on loan 9.00%
Monthly fees 12
Establishment costs 1,200
Assumed annual increase in home value 3.5%
Assumed annual inflation rate 6.5%
Your equity falls to zero after 120
How much payment in each month? 1215.515
Monthly interest rate 0.75%
Monthly increase in house property 0.29%
Monthly inflatioin rate 0.54%
Opening loan after fees 101,200

Mortgage
Outstanding at Monthly
beginning of Income Interest
Months month Stream accrued
1 101200.00 1216 768
2 103196 1222 783
3 105213 1229 798
4 107252 1235 814
5 109313 1242 829
6 111396 1249 845
7 113502 1256 861
8 115630 1262 877
9 117781 1269 893
10 119955 1276 909
11 122152 1283 926
12 124373 1290 942
13 126618 1297 959
14 128886 1304 976
15 131178 1311 994
16 133495 1318 1,011
17 135836 1325 1,029
18 138202 1332 1,047
19 140593 1340 1,064
20 143009 1347 1,083
21 145451 1354 1,101
22 147918 1362 1,120
23 150411 1369 1,138
24 152930 1376 1,157
25 155476 1384 1,176
26 158048 1391 1,196
27 160647 1399 1,215
28 163273 1406 1,235
29 165927 1414 1,255
30 168608 1422 1,275
31 171317 1429 1,296
32 174054 1437 1,316
33 176819 1445 1,337
34 179613 1453 1,358
35 182436 1461 1,379
36 185287 1468 1,401
37 188169 1476 1,422
38 191079 1484 1,444
39 194020 1492 1,466
40 196991 1501 1,489
41 199992 1509 1,511
42 203024 1517 1,534
43 206087 1525 1,557
44 209181 1533 1,580
45 212307 1542 1,604
46 215465 1550 1,628
47 218654 1558 1,652
48 221876 1567 1,676
49 225131 1575 1,700
50 228418 1584 1,725
51 231739 1592 1,750
52 235094 1601 1,775
53 238482 1610 1,801
54 241904 1618 1,826
55 245361 1627 1,852
56 248853 1636 1,879
57 252380 1645 1,905
58 255942 1654 1,932
59 259540 1663 1,959
60 263173 1672 1,986
61 266843 1681 2,014
62 270550 1690 2,042
63 274294 1699 2,070
64 278075 1708 2,098
65 281894 1718 2,127
66 285750 1727 2,156
67 289645 1736 2,185
 68 293579 1746 2,215
69 297551 1755 2,245
70 301563 1765 2,275
71 305615 1774 2,305
72 309706 1784 2,336
73 313838 1793 2,367
74 318011 1803 2,399
75 322225 1813 2,430
76 326480 1823 2,462
77 330777 1833 2,495
78 335116 1843 2,527
79 339498 1852 2,560
80 343922 1863 2,593
81 348390 1873 2,627
82 352902 1883 2,661
83 357457 1893 2,695
84 362057 1903 2,730
85 366702 1914 2,765
86 371392 1924 2,800
87 376128 1934 2,835
88 380910 1945 2,871
89 385738 1955 2,908
90 390613 1966 2,944
91 395535 1977 2,981
92 400505 1987 3,019
93 405523 1998 3,056
94 410590 2009 3,094
95 415705 2020 3,133
96 420870 2031 3,172
97 426084 2042 3,211
98 431349 2053 3,251
99 436664 2064 3,290
100 442030 2075 3,331
101 447448 2086 3,372
102 452918 2098 3,413
103 458440 2109 3,454
104 464015 2120 3,496
105 469643 2132 3,538
106 475325 2143 3,581
107 481062 2155 3,624
108 486853 2167 3,668
109 492699 2178 3,712
110 498601 2190 3,756
111 504559 2202 3,801
112 510574 2214 3,846
113 516646 2226 3,892
114 522776 2238 3,938
115 528963 2250 3,984
116 535209 2262 4,031
117 541515 2275 4,078
118 547880 2287 4,126
119 554305 2299 4,175
120 560791 2312 4,223
 Mortgage Value of
debt at end of house end of Equity
Monthly fees month month remaining Year Year_int Monthly fee
12 103,196 401,167 297,971 0.08 0 12
12 105,213 402,337 297,124 0.17 0 12
12 107,252 403,510 296,258 0.25 0 12
12 109,313 404,687 295,374 0.33 0 12
12 111,396 405,867 294,471 0.42 0 12
12 113,502 407,051 293,549 0.50 0 12
12 115,630 408,238 292,608 0.58 0 12
12 117,781 409,429 291,648 0.67 0 12
12 119,955 410,623 290,668 0.75 0 12
12 122,152 411,821 289,669 0.83 0 12
12 124,373 413,022 288,649 0.92 0 12
12 126,618 414,227 287,609 1.00 1 13
12 128,886 415,435 286,549 1.08 1 13
12 131,178 416,647 285,468 1.17 1 13
12 133,495 417,862 284,367 1.25 1 13
12 135,836 419,081 283,244 1.33 1 13
12 138,202 420,303 282,101 1.42 1 13
12 140,593 421,529 280,936 1.50 1 13
12 143,009 422,758 279,749 1.58 1 13
12 145,451 423,991 278,541 1.67 1 13
12 147,918 425,228 277,310 1.75 1 13
12 150,411 426,468 276,057 1.83 1 13
12 152,930 427,712 274,782 1.92 1 13
12 155,476 428,960 273,484 2.00 2 14
12 158,048 430,211 272,162 2.08 2 14
12 160,647 431,465 270,818 2.17 2 14
12 163,273 432,724 269,450 2.25 2 14
12 165,927 433,986 268,059 2.33 2 14
12 168,608 435,252 266,644 2.42 2 14
12 171,317 436,521 265,204 2.50 2 14
12 174,054 437,794 263,741 2.58 2 14
12 176,819 439,071 262,252 2.67 2 14
12 179,613 440,352 260,739 2.75 2 14
12 182,436 441,636 259,201 2.83 2 14
12 185,287 442,924 257,637 2.92 2 14
12 188,169 444,216 256,048 3.00 3 14
12 191,079 445,512 254,433 3.08 3 14
12 194,020 446,811 252,791 3.17 3 14
12 196,991 448,115 251,124 3.25 3 14
12 199,992 449,422 249,429 3.33 3 14
12 203,024 450,732 247,708 3.42 3 14
12 206,087 452,047 245,960 3.50 3 14
12 209,181 453,366 244,184 3.58 3 14
12 212,307 454,688 242,381 3.67 3 14
12 215,465 456,014 240,549 3.75 3 14
12 218,654 457,344 238,690 3.83 3 14
12 221,876 458,678 236,802 3.92 3 14
12 225,131 460,016 234,885 4.00 4 15
12 228,418 461,357 232,939 4.08 4 15
12 231,739 462,703 230,964 4.17 4 15
12 235,094 464,053 228,959 4.25 4 15
12 238,482 465,406 226,924 4.33 4 15
12 241,904 466,764 224,859 4.42 4 15
12 245,361 468,125 222,764 4.50 4 15
12 248,853 469,490 220,637 4.58 4 15
12 252,380 470,860 218,480 4.67 4 15
12 255,942 472,233 216,291 4.75 4 15
12 259,540 473,610 214,071 4.83 4 15
12 263,173 474,992 211,818 4.92 4 15
12 266,843 476,377 209,534 5.00 5 16
12 270,550 477,767 207,216 5.08 5 16
12 274,294 479,160 204,866 5.17 5 16
12 278,075 480,558 202,483 5.25 5 16
12 281,894 481,959 200,066 5.33 5 16
12 285,750 483,365 197,615 5.42 5 16
12 289,645 484,775 195,129 5.50 5 16
12 293,579 486,189 192,610 5.58 5 16
12 297,551 487,607 190,055 5.67 5 16
12 301,563 489,029 187,466 5.75 5 16
12 305,615 490,455 184,840 5.83 5 16
12 309,706 491,886 182,179 5.92 5 16
12 313,838 493,320 179,482 6.00 6 18
12 318,011 494,759 176,748 6.08 6 18
12 322,225 496,202 173,978 6.17 6 18
12 326,480 497,650 171,170 6.25 6 18
12 330,777 499,101 168,324 6.33 6 18
12 335,116 500,557 165,441 6.42 6 18
12 339,498 502,017 162,519 6.50 6 18
12 343,922 503,481 159,559 6.58 6 18
12 348,390 504,949 156,559 6.67 6 18
12 352,902 506,422 153,521 6.75 6 18
12 357,457 507,899 150,442 6.83 6 18
12 362,057 509,381 147,323 6.92 6 18
12 366,702 510,866 144,164 7.00 7 19
12 371,392 512,356 140,964 7.08 7 19
12 376,128 513,851 137,723 7.17 7 19
12 380,910 515,349 134,440 7.25 7 19
12 385,738 516,853 131,114 7.33 7 19
12 390,613 518,360 127,747 7.42 7 19
12 395,535 519,872 124,337 7.50 7 19
12 400,505 521,388 120,883 7.58 7 19
12 405,523 522,909 117,386 7.67 7 19
12 410,590 524,434 113,844 7.75 7 19
12 415,705 525,964 110,259 7.83 7 19
12 420,870 527,498 106,628 7.92 7 19
12 426,084 529,036 102,952 8.00 8 20
12 431,349 530,579 99,231 8.08 8 20
12 436,664 532,127 95,463 8.17 8 20
12 442,030 533,679 91,649 8.25 8 20
12 447,448 535,235 87,787 8.33 8 20
12 452,918 536,797 83,879 8.42 8 20
12 458,440 538,362 79,922 8.50 8 20
12 464,015 539,932 75,917 8.58 8 20
12 469,643 541,507 71,864 8.67 8 20
12 475,325 543,087 67,761 8.75 8 20
12 481,062 544,671 63,609 8.83 8 20
12 486,853 546,259 59,406 8.92 8 20
12 492,699 547,852 55,153 9.00 9 21
12 498,601 549,450 50,849 9.08 9 21
12 504,559 551,053 46,494 9.17 9 21
12 510,574 552,660 42,086 9.25 9 21
12 516,646 554,272 37,626 9.33 9 21
12 522,776 555,889 33,113 9.42 9 21
12 528,963 557,510 28,547 9.50 9 21
12 535,209 559,136 23,927 9.58 9 21
12 541,515 560,767 19,252 9.67 9 21
12 547,880 562,403 14,523 9.75 9 21
12 554,305 564,043 9,738 9.83 9 21
12 560,791 565,688 4,897 9.92 9 21
12 567,338 567,338 0 10.00 10 23
Reverse Mortgage
Value of your home 400,000
How much as an initial lump sum? 100,000
How much in payments each month? 500
How many years for monthly payments? 10
Total initial mortgage 160,000
Initial mortgage as % of home value 40.0%
Interest rate on loan 9.00%
Monthly fees 12
Establishment costs 1,200
Assumed annual increase in home value 3.5%
Assumed annual inflation rate 6.5%
Your equity falls to zero after 120
How much payment in each month? 1212.887
Monthly interest rate 0.75%
Monthly increase in house property 0.29%
Monthly inflatioin rate 0.54%
Opening loan after fees 101,200

Mortgage
Outstanding at Monthly
beginning of Income Interest
Months month Stream accrued
1 101200.00 1213 768
2 103193 1219 783
3 105208 1226 798
4 107244 1233 814
5 109302 1239 829
6 111383 1246 845
7 113485 1253 861
8 115611 1260 877
9 117759 1266 893
10 119930 1273 909
11 122124 1280 926
12 124342 1287 942
13 126584 1294 959
14 128850 1301 976
15 131140 1308 993
16 133455 1315 1,011
17 135793 1322 1,028
18 138157 1330 1,046
19 140545 1337 1,064
20 142959 1344 1,082
21 145398 1351 1,101
22 147863 1359 1,119
23 150353 1366 1,138
24 152870 1373 1,157
25 155414 1381 1,176
26 157984 1388 1,195
27 160581 1396 1,215
28 163205 1403 1,235
29 165857 1411 1,255
30 168536 1419 1,275
31 171243 1426 1,295
32 173978 1434 1,316
33 176741 1442 1,336
34 179533 1450 1,357
35 182353 1457 1,379
36 185203 1465 1,400
37 188083 1473 1,422
38 190992 1481 1,444
39 193931 1489 1,466
40 196901 1497 1,488
41 199901 1505 1,511
42 202931 1514 1,533
43 205993 1522 1,556
44 209085 1530 1,580
45 212209 1538 1,603
46 215365 1547 1,627
47 218553 1555 1,651
48 221774 1563 1,675
49 225028 1572 1,699
50 228314 1580 1,724
51 231635 1589 1,749
52 234988 1598 1,774
53 238376 1606 1,800
54 241797 1615 1,826
55 245253 1624 1,852
56 248744 1633 1,878
57 252270 1641 1,904
58 255831 1650 1,931
59 259428 1659 1,958
60 263060 1668 1,985
61 266730 1677 2,013
62 270437 1686 2,041
63 274181 1695 2,069
64 277962 1705 2,097
65 281780 1714 2,126
66 285637 1723 2,155
67 289531 1732 2,184
 68 293465 1742 2,214
69 297437 1751 2,244
70 301449 1761 2,274
71 305500 1770 2,305
72 309591 1780 2,335
73 313724 1790 2,366
74 317897 1799 2,398
75 322112 1809 2,429
76 326368 1819 2,461
77 330665 1829 2,494
78 335005 1839 2,526
79 339388 1848 2,559
80 343813 1858 2,593
81 348281 1869 2,626
82 352794 1879 2,660
83 357350 1889 2,694
84 361950 1899 2,729
85 366597 1909 2,764
86 371289 1920 2,799
87 376026 1930 2,835
88 380810 1941 2,871
89 385640 1951 2,907
90 390516 1962 2,944
91 395440 1972 2,981
92 400412 1983 3,018
93 405431 1994 3,056
94 410499 2004 3,094
95 415616 2015 3,132
96 420782 2026 3,171
97 426000 2037 3,210
98 431267 2048 3,250
99 436585 2059 3,290
100 441954 2071 3,330
101 447375 2082 3,371
102 452847 2093 3,412
103 458372 2104 3,454
104 463950 2116 3,495
105 469581 2127 3,538
106 475266 2139 3,581
107 481005 2150 3,624
108 486799 2162 3,667
109 492649 2174 3,711
110 498555 2185 3,756
111 504517 2197 3,800
112 510536 2209 3,846
113 516612 2221 3,891
114 522746 2233 3,937
115 528937 2245 3,984
116 535188 2257 4,031
117 541497 2270 4,078
118 547866 2282 4,126
119 554296 2294 4,174
120 560785 2307 4,223
 Mortgage Value of
debt at end of house end of Equity
Monthly fees month month remaining Year Year_int Monthly fee
12 103,193 401,167 297,974 0.08 0 12
12 105,208 402,337 297,129 0.17 0 12
12 107,244 403,510 296,266 0.25 0 12
12 109,302 404,687 295,385 0.33 0 12
12 111,383 405,867 294,485 0.42 0 12
12 113,485 407,051 293,566 0.50 0 12
12 115,611 408,238 292,628 0.58 0 12
12 117,759 409,429 291,670 0.67 0 12
12 119,930 410,623 290,693 0.75 0 12
12 122,124 411,821 289,697 0.83 0 12
12 124,342 413,022 288,680 0.92 0 12
13 126,584 414,227 287,643 1.00 1 13
13 128,850 415,435 286,585 1.08 1 13
13 131,140 416,647 285,506 1.17 1 13
13 133,455 417,862 284,407 1.25 1 13
13 135,793 419,081 283,287 1.33 1 13
13 138,157 420,303 282,146 1.42 1 13
13 140,545 421,529 280,983 1.50 1 13
13 142,959 422,758 279,799 1.58 1 13
13 145,398 423,991 278,593 1.67 1 13
13 147,863 425,228 277,365 1.75 1 13
13 150,353 426,468 276,115 1.83 1 13
13 152,870 427,712 274,842 1.92 1 13
14 155,414 428,960 273,546 2.00 2 14
14 157,984 430,211 272,227 2.08 2 14
14 160,581 431,465 270,884 2.17 2 14
14 163,205 432,724 269,518 2.25 2 14
14 165,857 433,986 268,129 2.33 2 14
14 168,536 435,252 266,716 2.42 2 14
14 171,243 436,521 265,278 2.50 2 14
14 173,978 437,794 263,817 2.58 2 14
14 176,741 439,071 262,330 2.67 2 14
14 179,533 440,352 260,819 2.75 2 14
14 182,353 441,636 259,283 2.83 2 14
14 185,203 442,924 257,722 2.92 2 14
14 188,083 444,216 256,134 3.00 3 14
14 190,992 445,512 254,520 3.08 3 14
14 193,931 446,811 252,880 3.17 3 14
14 196,901 448,115 251,214 3.25 3 14
14 199,901 449,422 249,521 3.33 3 14
14 202,931 450,732 247,801 3.42 3 14
14 205,993 452,047 246,054 3.50 3 14
14 209,085 453,366 244,280 3.58 3 14
14 212,209 454,688 242,478 3.67 3 14
14 215,365 456,014 240,649 3.75 3 14
14 218,553 457,344 238,791 3.83 3 14
14 221,774 458,678 236,904 3.92 3 14
15 225,028 460,016 234,988 4.00 4 15
15 228,314 461,357 233,043 4.08 4 15
15 231,635 462,703 231,069 4.17 4 15
15 234,988 464,053 229,064 4.25 4 15
15 238,376 465,406 227,031 4.33 4 15
15 241,797 466,764 224,966 4.42 4 15
15 245,253 468,125 222,872 4.50 4 15
15 248,744 469,490 220,746 4.58 4 15
15 252,270 470,860 218,590 4.67 4 15
15 255,831 472,233 216,402 4.75 4 15
15 259,428 473,610 214,183 4.83 4 15
15 263,060 474,992 211,931 4.92 4 15
16 266,730 476,377 209,647 5.00 5 16
16 270,437 477,767 207,329 5.08 5 16
16 274,181 479,160 204,979 5.17 5 16
16 277,962 480,558 202,596 5.25 5 16
16 281,780 481,959 200,179 5.33 5 16
16 285,637 483,365 197,728 5.42 5 16
16 289,531 484,775 195,243 5.50 5 16
16 293,465 486,189 192,724 5.58 5 16
16 297,437 487,607 190,170 5.67 5 16
16 301,449 489,029 187,580 5.75 5 16
16 305,500 490,455 184,955 5.83 5 16
16 309,591 491,886 182,294 5.92 5 16
18 313,724 493,320 179,596 6.00 6 18
18 317,897 494,759 176,862 6.08 6 18
18 322,112 496,202 174,090 6.17 6 18
18 326,368 497,650 171,282 6.25 6 18
18 330,665 499,101 168,436 6.33 6 18
18 335,005 500,557 165,552 6.42 6 18
18 339,388 502,017 162,629 6.50 6 18
18 343,813 503,481 159,668 6.58 6 18
18 348,281 504,949 156,668 6.67 6 18
18 352,794 506,422 153,629 6.75 6 18
18 357,350 507,899 150,549 6.83 6 18
18 361,950 509,381 147,430 6.92 6 18
19 366,597 510,866 144,269 7.00 7 19
19 371,289 512,356 141,067 7.08 7 19
19 376,026 513,851 137,824 7.17 7 19
19 380,810 515,349 134,540 7.25 7 19
19 385,640 516,853 131,213 7.33 7 19
19 390,516 518,360 127,844 7.42 7 19
19 395,440 519,872 124,432 7.50 7 19
19 400,412 521,388 120,977 7.58 7 19
19 405,431 522,909 117,478 7.67 7 19
19 410,499 524,434 113,935 7.75 7 19
19 415,616 525,964 110,348 7.83 7 19
19 420,782 527,498 106,715 7.92 7 19
20 426,000 529,036 103,037 8.00 8 20
20 431,267 530,579 99,312 8.08 8 20
20 436,585 532,127 95,542 8.17 8 20
20 441,954 533,679 91,725 8.25 8 20
20 447,375 535,235 87,861 8.33 8 20
20 452,847 536,797 83,949 8.42 8 20
20 458,372 538,362 79,990 8.50 8 20
20 463,950 539,932 75,982 8.58 8 20
20 469,581 541,507 71,926 8.67 8 20
20 475,266 543,087 67,821 8.75 8 20
20 481,005 544,671 63,666 8.83 8 20
20 486,799 546,259 59,460 8.92 8 20
21 492,649 547,852 55,203 9.00 9 21
21 498,555 549,450 50,895 9.08 9 21
21 504,517 551,053 46,536 9.17 9 21
21 510,536 552,660 42,124 9.25 9 21
21 516,612 554,272 37,660 9.33 9 21
21 522,746 555,889 33,143 9.42 9 21
21 528,937 557,510 28,573 9.50 9 21
21 535,188 559,136 23,948 9.58 9 21
21 541,497 560,767 19,270 9.67 9 21
21 547,866 562,403 14,536 9.75 9 21
21 554,296 564,043 9,747 9.83 9 21
21 560,785 565,688 4,903 9.92 9 21
23 567,338 567,338 0 10.00 10 23
Portfolio structuring total sum ₹ 1,000,000.00
Money market 10% ₹ 100,000.00
Treasury bills 20% ₹ 200,000.00
Commercial papers 30% ₹ 300,000.00
Certificate of deposit 50% ₹ 500,000.00
Bonds 30% ₹ 300,000.00
Zero coupon bonds 40% ₹ 400,000.00
State government bonds 30% ₹ 300,000.00
Inflation linked bonds 30% ₹ 300,000.00
Stocks 60% ₹ 600,000.00
Large cap stocks 35% ₹ 350,000.00
Mid cap stocks 45% ₹ 450,000.00
Small cap bonds 20% ₹ 200,000.00