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==== Introduction ==== | ==== Introduction ==== | ||
− | For most people, buying a first house is a milestone event in life and represents a major financial decision. In this project, we analyze the mathematics of three factors involved in buying a home: salaries, investments, and mortgages. | + | For most people, buying a first house is a milestone event in life and represents a major financial decision. In this project, we analyze the mathematics of three factors involved in buying a home: salaries, investments, and mortgages. |
As an example of our theory, we provide the scenario of a recent computer science graduate living and working in Denver, Colorado, who is planning to buy a house in 5 years. | As an example of our theory, we provide the scenario of a recent computer science graduate living and working in Denver, Colorado, who is planning to buy a house in 5 years. | ||
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+ | == Conclusion == | ||
== References == | == References == |
Revision as of 12:41, 2 December 2018
How to Plan Buying a House
Introduction
For most people, buying a first house is a milestone event in life and represents a major financial decision. In this project, we analyze the mathematics of three factors involved in buying a home: salaries, investments, and mortgages.
As an example of our theory, we provide the scenario of a recent computer science graduate living and working in Denver, Colorado, who is planning to buy a house in 5 years.
Year | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Salary | 97,477.48 | 99,398,08 | 101,318,67 | 103,239,27 | 105,159.87 |