House-Hunting-Final-Edition

Name:Kyle Granville
Salary:$6841.30
House Hunting
Where I’m going to live!
Location
City:_Port Coquitlam
Address:_811 Greene St, Coquitlam, BC
Proximity to work: 40-60 Minutes
Website URL:
Http://vancouver.craigslist.ca/pml/apa/4980170965.html
Type of Housing (Circle or Bold):
Apartment
Town House
Detached House
Cost: $1157.64
Financially, are you buying or renting
.renting.
Show the calculations as to what you can afford:
7525.43 x .32 = $2408.14
7525 x 0.154 = $1157.64
Cameron and Thomas pay the rest.
My extra money I save goes to my savings
Show the math as to why you are making this choice:
Net Income: $7525.43
It is less than 32% of my Net income because it’s only about 15.4% of my income
and I can use the extra 16.6% towards my savings in case a bad random event
happens.
Percentage used on housing:
15.38%
How much will be put on a down Payment or damage deposit: $1000
How much will you spend each month for rent or buying payments:
I spend $1157.64, cameron and Thomas split the rest of the $2400/month
renting cost
What other living expenses need to be paid:
Living Expense
Cost per Month
Vehicles.
7.18%
540.33
Healthcare. 5.36%
403.64
Savings.
46.12%
2004.50
Education.
1.73%
129.98
Cable/TV. 2.6%
195.66
Total
$4740.34
Explain why you choose the home that you have:

Good area

Local

Middle of all roommates workplaces


