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Scenario 1Scenario 2Scenario 3Scenario 4
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Loan principal$30000.00$40000.00$40000.00$30000.00
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Loan period (years)10101010
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Nominal interest rate on loan3.86%3.86%3.86%3.86%
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Monthly payment$300.78$401.03$401.03$300.78
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Savings potential$500.00$500.00$750.00$500.00
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Surplus$199.22$98.97$348.97$199.22
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Accelerated payoff (mo)67925867
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Nominal interest rate on investments7%7%7%7.2%
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PAY OFF LOAN FIRST
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Nominal value of portfolio in 40 years$868,804$735,911$1,372,610$910,658
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Real value$266,338$225,598$420,783$279,168
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INVEST WHILE PAYING OFF
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After 10 years$34,684$17,229$60,753$35,074
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Nominal value of portfolio in 40 years$895,055$753,386$1,413,417$940,595
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Real value$274,385$230,956$433,293$288,346
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Real value of waiting to pay off$8,048$5,357$12,510$9,178
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As a %3.02%2.37%2.97%3.29%
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Inflation rate3%3%3%3%
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Sheet 1