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2 | Prop 1 | Average Property Tax | ||||||||||||||||||||||||
3 | What was the purchase price of your property? | $100,000 | ||||||||||||||||||||||||
4 | What is the estimated value as of 2025? | $2,100,000 | ||||||||||||||||||||||||
5 | Current Property Tax | $100,000 | x 1.168 | $1,680 | ||||||||||||||||||||||
6 | New Property Tax at Death with no planning | $2,100,000 | x 1.168 | $35,280 | ||||||||||||||||||||||
7 | Difference Saved | $35,280 | $1,680 | $33,600 | ||||||||||||||||||||||
8 | ||||||||||||||||||||||||||
9 | Savings with our help if invested | Years | Initial Savings | Interest Rate | Addition | Principle | Interest Earned per year | Accumulated Interest Earned from Savings | Total Savings | |||||||||||||||||
10 | 1 | $33,600 | 10% | $33,600 | $3,360 | $3,360 | $36,960 | |||||||||||||||||||
11 | 2 | $67,200 | 10% | $33,600 | $70,560 | $7,056 | $10,416 | $77,616 | ||||||||||||||||||
12 | 3 | $100,800 | 10% | $33,600 | $111,216 | $11,122 | $21,538 | $122,338 | ||||||||||||||||||
13 | 4 | $134,400 | 10% | $33,600 | $155,938 | $15,594 | $37,131 | $171,531 | ||||||||||||||||||
14 | 5 | $168,000 | 10% | $33,600 | $205,131 | $20,513 | $57,644 | $225,644 | ||||||||||||||||||
15 | 6 | $201,600 | 10% | $33,600 | $259,244 | $25,924 | $83,569 | $285,169 | ||||||||||||||||||
16 | 7 | $235,200 | 10% | $33,600 | $318,769 | $31,877 | $115,446 | $350,646 | ||||||||||||||||||
17 | 8 | $268,800 | 10% | $33,600 | $384,246 | $38,425 | $153,870 | $422,670 | ||||||||||||||||||
18 | 9 | $302,400 | 10% | $33,600 | $456,270 | $45,627 | $199,497 | $501,897 | ||||||||||||||||||
19 | 10 | $336,000 | 10% | $33,600 | $535,497 | $53,550 | $253,047 | $589,047 | ||||||||||||||||||
20 | 11 | $369,600 | 10% | $33,600 | $622,647 | $62,265 | $315,312 | $684,912 | ||||||||||||||||||
21 | 12 | $403,200 | 10% | $33,600 | $718,512 | $71,851 | $387,163 | $790,363 | ||||||||||||||||||
22 | 13 | $436,800 | 10% | $33,600 | $823,963 | $82,396 | $469,559 | $906,359 | ||||||||||||||||||
23 | 14 | $470,400 | 10% | $33,600 | $939,959 | $93,996 | $563,555 | $1,033,955 | ||||||||||||||||||
24 | 15 | $504,000 | 10% | $33,600 | $1,067,555 | $106,756 | $670,311 | $1,174,311 | ||||||||||||||||||
25 | 16 | $537,600 | 10% | $33,600 | $1,207,911 | $120,791 | $791,102 | $1,328,702 | ||||||||||||||||||
26 | 17 | $571,200 | 10% | $33,600 | $1,362,302 | $136,230 | $927,332 | $1,498,532 | ||||||||||||||||||
27 | 18 | $604,800 | 10% | $33,600 | $1,532,132 | $153,213 | $1,080,545 | $1,685,345 | ||||||||||||||||||
28 | 19 | $638,400 | 10% | $33,600 | $1,718,945 | $171,895 | $1,252,440 | $1,890,840 | ||||||||||||||||||
29 | 20 | $672,000 | 10% | $33,600 | $1,924,440 | $192,444 | $1,444,884 | $2,116,884 | ||||||||||||||||||
30 | 21 | $705,600 | 10% | $33,600 | $2,150,484 | $215,048 | $1,659,932 | $2,365,532 | ||||||||||||||||||
31 | 22 | $739,200 | 10% | $33,600 | $2,399,132 | $239,913 | $1,899,846 | $2,639,046 | ||||||||||||||||||
32 | 23 | $772,800 | 10% | $33,600 | $2,672,646 | $267,265 | $2,167,110 | $2,939,910 | ||||||||||||||||||
33 | 24 | $806,400 | 10% | $33,600 | $2,973,510 | $297,351 | $2,464,461 | $3,270,861 | ||||||||||||||||||
34 | 25 | $840,000 | 10% | $33,600 | $3,304,461 | $330,446 | $2,794,907 | $3,634,907 | ||||||||||||||||||
35 | 26 | $873,600 | 10% | $33,600 | $3,668,507 | $366,851 | $3,161,758 | $4,035,358 | ||||||||||||||||||
36 | 27 | $907,200 | 10% | $33,600 | $4,068,958 | $406,896 | $3,568,654 | $4,475,854 | ||||||||||||||||||
37 | 28 | $940,800 | 10% | $33,600 | $4,509,454 | $450,945 | $4,019,599 | $4,960,399 | ||||||||||||||||||
38 | 29 | $974,400 | 10% | $33,600 | $4,993,999 | $499,400 | $4,518,999 | $5,493,399 | ||||||||||||||||||
39 | 30 | $1,008,000 | 10% | $33,600 | $5,526,999 | $552,700 | $5,071,699 | $6,079,699 | ||||||||||||||||||
40 | Savings without investing | $1,008,000 | ||||||||||||||||||||||||
41 | Total Savings if money was invested | $6,079,699 | ||||||||||||||||||||||||
42 | ||||||||||||||||||||||||||
43 | Without our help = estimated value as of 2025* Avg Property Tax Rate of 1.168% | With our help = Purchase Price of Property * Avg Property Tax Rate of 1.168% | Savings with our help | |||||||||||||||||||||||
44 | Annual property tax on your property after death | $35,280 | $1,680 | $33,600 | ||||||||||||||||||||||
45 | Total property tax for the first ten years after death | $352,800 | $16,800 | $336,000 | ||||||||||||||||||||||
46 | 20 years | $705,600 | $33,600 | $672,000 | ||||||||||||||||||||||
47 | 30 years | $1,058,400 | $50,400 | $1,008,000 | ||||||||||||||||||||||
48 | ||||||||||||||||||||||||||
49 | NOTE: If you have more proporties, multiply savings by the total numbers of properties you own. | |||||||||||||||||||||||||