Page 83 - The-Mortgage-Maximiser-Method-by-Thomas-Ilinkovski

^ƚĂŐĞ WƌŽŐƌĞƐƐ WĂLJŵĞŶƚ Current Min. Monthly
to Builder Loan Repayment
ZĞƋƵŝƌĞĚ

Land Loan Eŝů ΨϮϲϱ͕ϬϬϬ Ψϳϳϯ /K
ĞƉŽƐŝƚ ϱй ΨϮϬ͕ϬϬϬ ΨϮϴϱ͕ϬϬϬ Ψϴϯϭ /K

ĂƐĞ ϭϱй ΨϲϬ͕ϬϬϬ Ψϯϰϱ͕ϬϬϬ Ψϭ͕ϬϬϲ /K

&ƌĂŵĞ ϮϬй ΨϴϬ͕ϬϬϬ ΨϰϮϱ͕ϬϬϬ Ψϭ͕Ϯϯϵ /K
ŶĐůŽƐĞĚ Ϯϱй ΨϭϬϬ͕ϬϬϬ ΨϱϮϱ͕ϬϬϬ Ψϭ͕ϱϯϭ /K

&ŝdžŝŶŐ ϮϬй ΨϴϬ͕ϬϬϬ ΨϲϬϱ͕ϬϬϬ Ψϭ͕ϳϲϱ /K

WƌĂĐƟĐĂů ŽŵƉůĞƟŽŶ ϭϱй ΨϲϬ͕ϬϬϬ Ψϲϲϱ͕ϬϬϬ ΨϮ͕ϵϴϲ WΘ/
Totals ΨϰϬϬ͕ϬϬϬ Ψϲϲϱ͕ϬϬϬ

/K с /ŶƚĞƌĞƐƚ ŽŶůLJ͘ WΘ/ с WƌŝŶĐŝƉĂů ĂŶĚ ŝŶƚĞƌĞƐƚ

/Ŷ ƚŚĞ ĂďŽǀĞ ƚĂďůĞ ǁĞ can see that the repayments steadily increase over
ƟŵĞ ĂŶĚ ĂƌĞ ŝŶƚĞƌĞƐƚ-ŽŶůLJ ĚƵƌŝŶŐ ƚŚĞ ďƵŝůĚ ƉŚĂƐĞ͘ KŶĐĞ ƚŚĞ ĮŶĂů ƉĂLJŵĞŶƚ
ŝƐ ŵĂĚĞ͕ Ă ĐŽŶƐƚƌƵĐƟŽŶ ůŽĂŶ ǁŝůů ŐĞŶĞƌĂůůLJ ĐŽŶǀĞƌƚ ƚŽ WƌŝŶĐŝƉĂů ĂŶĚ /ŶƚĞƌĞƐƚ
repayments.

Note: ^ŽŵĞ ůĞŶĚĞƌƐ ǁŝůů ĐŚĂƌŐĞ WΘ/ ƌĞƉĂLJŵĞŶƚƐ ĚƵƌŝŶŐ ƚŚĞ ďƵŝůĚ͘ /ƚ ŝƐ
Ă ŐŽŽĚ ŝĚĞĂ ƚŽ ĐŚĞĐŬ ƚŚŝƐ ǁŝƚŚ LJŽƵƌ ŵŽƌƚŐĂŐĞ ďƌŽŬĞƌ͘

• ŽĐƵŵĞŶƚĂƟŽŶ

/Ŷ ĂĚĚŝƟŽŶ ƚŽ ƚŚĞ ƵƐƵĂů ĚŽĐƵŵĞŶƚĂƟŽŶ LJŽƵ ǁŽƵůĚ ƉƌŽǀŝĚĞ ƚŽ Ă ůĞŶĚĞƌ
ǁŚĞŶ ƐĞĞŬŝŶŐ Ă ŚŽŵĞ ůŽĂŶ͕ LJŽƵ ǁŝůů ŶĞĞĚ ƚŽ ƉƌŽǀŝĚĞ ƉĂƉĞƌǁŽƌŬ ƚŚĂƚ
ĚĞŵŽŶƐƚƌĂƚĞƐ͗

ϭ͘ dŚĞ ŚŽŵĞ ǁŝůů ďĞ ĐŽŵƉůĞƚĞĚ ǁŝƚŚŝŶ Ă ĐĞƌƚĂŝŶ ƟŵĞ ĨƌĂŵĞ and to a
high standard.

2. The builder has the ƌĞůĞǀĂŶƚ ŝŶƐƵƌĂŶĐĞƐ ;such as public liability).

3. The plans are ŽƵŶĐŝůͲĂƉƉƌŽǀĞĚ ƉůĂŶƐ ĂŶĚ ƚŚĞ ďƵŝůĚŝŶŐ ǁŝůů ĐŽŵƉůLJ
ǁŝƚŚ ůŽĐĂů ŽƵŶĐŝů ƌƵůĞƐ͘

The process for a new build

• Deposit

KŶĐĞ LJŽƵ ŚĂǀĞ ƐĞůĞĐƚĞĚ LJŽƵƌ ďƵŝůĚĞƌ ĂŶĚ ĐŚŽƐĞŶ Žƌ ĚĞƐŝŐŶĞĚ Ă ƉůĂŶ͕
ďƵŝůĚĞƌƐ ƌĞƋƵŝƌĞ Ă ĚĞƉŽƐŝƚ ƚŽ ƵŶĚĞƌƚĂŬĞ ƚĞƐƟŶŐ ŽŶ LJŽƵƌ ƐŝƚĞ͘ dŚĞLJ

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