Example


Below is an example of a house schedule of payments. In the upper left corner, the User member has placed 20% of his house of 180K, every month his payment is $1200 (this is based off equivalent rent for similiar house in the neighborhood; also there are some months with extra payments which go directly to his quity).

Each month the User's or Owner's percentage increases, which constantly changes the split of Rent and Principle payments. The more the User owns, the less amount that is taken for rent.

At any time the User can purchase his house by paying the remaining amount under the Investors Acnt. amount in the corresponding month.

Dn pymt
36000
HOUSE SCHEDULE
Investor
144000
T.value
180000
% Buyer
PRINCIPLE
RENT
EQUITY
INVESTORS ACNT

Mnthly

Extr
0.20
144000
2006
July
1200
500
0.20
240.00
960.00
36740.00
143260.00
August
1200
0
0.20
244.93
955.07
36984.93
143015.07
Sept
1200
0
0.21
246.57
953.43
37231.50
142768.50
Octber
1200
0
0.21
248.21
951.79
37479.71
142520.29
Nov
1200
300
0.21
249.86
950.14
38029.57
141970.43
Dec
1200
0
0.21
253.53
946.47
38283.10
141716.90
2007
Jan
1200
0
0.21
255.22
944.78
38538.33
141461.67
Feb
1200
0
0.21
256.92
943.08
38795.25
141204.75
March
1200
0
0.22
258.63
941.37
39053.88
140946.12
April
1200
0
0.22
260.36
939.64
39314.24
140685.76
May
1200
0
0.22
262.09
937.91
39576.34
140423.66
June
1200
0
0.22
263.84
936.16
39840.18
140159.82
July
1200
0
0.22
265.60
934.40
40105.78
139894.22
Aug
1200
0
0.22
267.37
932.63
40373.15
139626.85
Sept
1200
0
0.22
269.15
930.85
40642.31
139357.69
October
1200
0
0.23
270.95
929.05
40913.26
139086.74