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Net Cost of Borrowing |
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Use this to compare the real after-tax interest rate of your mortgage. Then compare your after-tax yields on taxed investments and tax protected (i.e. tax-deferred 401(k),403(b),IRA accounts or tax free Roth or Education IRA accounts). |
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Change these fields as desired: | |
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Nominal Mortgage Interest Rate |
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Expected Return Rate |
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Marginal Federal Tax Rate |
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Marginal State Tax Rate |
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