Home Forums how-to Property Events

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    darrowk
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    A bit of background on the CIRY Pro Property event: Property events model the purchase of real estate in the Start Year, which can be before the simulation start. If you supply a Purchase Price, Financed % (0-100), APR % (~4% these days in U.S.), and Mortgage term (15-30 yr) the program will compute a mortgage payment, which is withdrawn from the From Account. The corresponding Property column in the Cash Flow report will show the market value of the property, so is positive and increasing with inflation. The corresponding Loan column shows your loan balance, so will be negative, and moving to zero as the loan is paid off.

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