|
Relocation ID: |
Sample |
|
|
Policy Plan : |
Sample |
|
Annual Income: |
60,000 |
Family Size: |
2 |
Housing Basis: |
Homeowner |
|
LOCATIONS: |
|
COLUMBUS, OH |
|
CHICAGO, IL |
|
LIVING COMMUNITIES: |
|
COLUMBUS |
|
ARLINGTON HEIGHTS |
|
|
|
DUBLIN |
|
SCHAUMBURG |
|
|
|
GAHANNA |
|
MOUNT PROSPECT |
|
AUTOMOBILES: |
|
|
|
|
|
1st Auto Make/Model
Annual Miles |
|
2002 BUICK LESABRE
14,000 |
|
2002 BUICK LESABRE
14,000 |
|
2nd Auto Make/Model
Annual Miles |
|
1998 FORD CONTOUR
6,000 |
|
1998 FORD CONTOUR
6,000 |
|
HOUSING CHARACTERISTICS: |
|
|
|
|
|
Rooms |
|
8 |
|
8 |
|
Bedrooms |
|
4 |
|
4 |
|
Baths |
|
2.5 |
|
2.5 |
|
Square Feet |
|
2,200 |
|
2,200 |
|
MORTGAGE CALCULATION: |
|
|
|
|
|
Mortgage Age |
|
NEW |
|
NEW |
|
Interest Rate |
|
5.625% |
|
5.625% |
|
Mortgage Length |
|
30 YEARS |
|
30 YEARS |
|
Down Pay |
|
20% |
|
20% |
|
Down Pay Amount |
|
$ 42,620 |
|
$ 42,620 |
|
ORIGINAL HOME PRICE: |
|
$ 213,100 |
|
|
|
CURRENT HOME PRICE: |
|
$ 213,100 |
|
$ 347,300 |
|
ANNUAL COSTS AND DIFFERENTIALS |
|
|
|
Pre-Move |
|
Post-Move |
|
Differentials |
|
INCOME TAXES |
|
$ 10,846 |
|
$ 7,587 |
|
$ -2,989 |
|
TRANSPORTATION |
|
|
|
|
|
|
|
First Car |
|
6,522 |
|
7,326 |
|
804 |
|
Second Car |
|
1,127 |
|
1,480 |
|
263 |
|
|
|
|
|
|
|
$ 1,067 |
|
HOUSING |
|
|
|
|
|
|
|
Mortgage(P & I) |
|
11,777 |
|
19,193 |
|
7,416 |
|
Homeowner Insurance |
|
463 |
|
671 |
|
208 |
|
Real Estate Taxes |
|
3,428 |
|
6,198 |
|
2,770 |
|
Utilities |
|
2,528 |
|
2,328 |
|
-200 |
|
Maintenance |
|
1,036 |
|
969 |
|
-67 |
|
|
|
|
|
|
|
$ 10,127 |
|
OTHER EXPENSES |
|
|
|
|
|
|
|
Goods and Services |
|
18,275 |
|
20,110 |
|
1,835 |
|
Sales Taxes |
|
715 |
|
1,138 |
|
623 |
|
Miscellaneous |
|
3,193 |
|
3,193 |
|
0 |
|
|
|
|
|
|
|
$ 2,458 |
|
TOTALS |
|
$ 60,000 |
|
$ 70,663 |
|
$ 10,663 |
|
INDEX |
|
100.00 |
|
117.8 |
|
17.8 |
|
GROSS-UP AMOUNTS |
|
2,072 |
|
1,089 |
|
428 |
|
|
|
TOTAL $ 3,589 |
|
|
|
|
|
|
|
Grossed-Up Differential $ 14,252 |
|