This is Chapter 1 of the Nomad™ Masterclass that deals with buying the first Nomad™ property.
This is part 6.
Included in this part:
What is Private Mortgage Insurance (PMI), when is it required and how are we modeling it with John and Mary
When does PMI go away?
How much are they paying for PMI
3 ways to pay PMI and how each impacts their speed to financial independence
What is the Mortgage Interest Rate and how we model it for John and Mary
What is the impact of having Mortgage Interest Rates change as John and Mary acquire properties over time?
An introduction to Alternate Universe Modeling™ (Monte Carlo) for Mortgage Interest Rates
How varying mortgage interest rates, stock market rates of return, property appreciation rates, rent appreciation rates, and inflation will impact John and Mary’s speed to financial independence… including how they can possibly be financially independent 16 years sooner
How we model Mortgage Balances for John and Mary
How we model the number of months remaining to be paid off for John and Mary
How we model Loan-To-Value and how that impacts their Mortgage Interest Rate and PMI
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