employee: luis vasquez employer: mr. blake dickson company: economics 12

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MY DREAM LIFE MILLION DOLLAR COMPANY Employee: Luis Vasquez Employer: Mr. Blake Dickson Company: Economics 12

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Page 1: Employee: Luis Vasquez Employer: Mr. Blake Dickson Company: Economics 12

MY DREAM LIFE

MILLION DOLLAR COMPANY

Employee: Luis Vasquez

Employer: Mr. Blake Dickson

Company: Economics 12

Page 2: Employee: Luis Vasquez Employer: Mr. Blake Dickson Company: Economics 12

Primary Home Location: Mataró,

Barcelona, Spain Price: €875.000,00 or

$1,217,387.00 High class home in the

best area of Mataró. 452 sq. Meters plus a 146

sq meter terrace area. 5 bedrooms and bathrooms Pool Great Ocean view.

Page 3: Employee: Luis Vasquez Employer: Mr. Blake Dickson Company: Economics 12

Primary Home Payment Summary

Mortgage Repayment Summary

$13,171.75Monthly Payment

$4,741,830.69Total of 360 Payments

$1,698,363.19Total Interest Paid

Jan, 2040Pay-off Date

$1,826,080.50Total Tax Paid

$0.00Total PMI Paid

Monthly PMI152 Monthly PMI Paymentsof $0.00 Each

Oct, 2022PMI Pay-off Date

Page 4: Employee: Luis Vasquez Employer: Mr. Blake Dickson Company: Economics 12

Secondary Home Location: Boston,

Massachusetts, USA Price: $1,800,000 2,3,4 bedroom residences, all

with direct elevator access and garage parking.

Sleek and elegant gourmet kitchens with Viking appliances and gas cooking.

Sumptous marble master baths with double vanities, soaking tub, and step in showers.

Page 5: Employee: Luis Vasquez Employer: Mr. Blake Dickson Company: Economics 12

Secondary Home Payment Summary

$17,162.79Monthly Payment

$6,178,604.12Total of 360 Payments

$1,678,604.12Total Interest Paid

Jan, 2040Pay-off Date

$2,700,000.00Total Tax Paid

$0.00Total PMI Paid

Monthly PMI126 Monthly PMI Paymentsof $0.00 Each

Aug, 2020PMI Pay-off Date

Page 6: Employee: Luis Vasquez Employer: Mr. Blake Dickson Company: Economics 12

Maybach 62 S $448,500 The 2009 62 S is a 4-

door, up to 5-passenger luxury sedan.

The 62 S is equipped with a standard 6.0-liter, V12, 604-horsepower, turbo engine.

Achieves 10-mpg in the city and 16-mpg on the highway.

Page 7: Employee: Luis Vasquez Employer: Mr. Blake Dickson Company: Economics 12

Maybach 62 SPayment Summary

$7,048.21Monthly Payment

$845,785.27Total of 120 Payments

$262,735.27Total Interest Paid

Jan, 2020Pay-off Date

$134,550.00Total Tax Paid

$0.00Total PMI Paid

Monthly PMI35 Monthly PMI Paymentsof $0.00 Each

Jan, 2013PMI Pay-off Date

Page 8: Employee: Luis Vasquez Employer: Mr. Blake Dickson Company: Economics 12

Bentley Brooklands $340,990 The 2009 Brooklands is a

2-door, 4-passenger luxury coupe.

The Brooklands is equipped with a standard 6.75-liter, V8, 530-horsepower, turbo engine.

Achieves 10-mpg in the city and 14-mpg on the highway.

Page 9: Employee: Luis Vasquez Employer: Mr. Blake Dickson Company: Economics 12

Bentley BrooklandsPayment Summary

$8,266.42Monthly Payment

$495,985.43Total of 60 Payments

$103,846.93Total Interest Paid

Jan, 2015Pay-off Date

$51,148.50Total Tax Paid

$0.00Total PMI Paid

Monthly PMI14 Monthly PMI Paymentsof $0.00 Each

Apr, 2011PMI Pay-off Date

Page 10: Employee: Luis Vasquez Employer: Mr. Blake Dickson Company: Economics 12

Ferrari 612 $319,038 The 2009 612 is a 2-

door, 4-passenger luxury sports car.

The 612 is equipped with a standard 6.0-liter, V12, 540-horsepower engine.

Achieves 9-mpg in the city and 16-mpg on the highway.

Page 11: Employee: Luis Vasquez Employer: Mr. Blake Dickson Company: Economics 12

Ferrari 612Payment Summary

$8,056.69Monthly Payment

$483,401.40Total of 60 Payments

$116,507.70Total Interest Paid

Jan, 2015Pay-off Date

$47,855.70Total Tax Paid

$0.00Total PMI Paid

Monthly PMI15 Monthly PMI Paymentsof $0.00 Each

May, 2011PMI Pay-off Date

Page 12: Employee: Luis Vasquez Employer: Mr. Blake Dickson Company: Economics 12

Monthly Yearly Total (final)

Salary (after tax) 62,500 750,000

Primary Home Loan 13,171.75 158,061 4,741,830.69Secondary Home Loan 17,162.79 205,953.48 6,178,604.12

Maybach Loan 7,048.21 84,578.52 845,785.27

Bentley Loan 8,266.42 99,197.04 495,985.43

Ferrari Loan 8,056.69 96,680.28 483,401.40

Total Loans 53,705.86 644,470 12,745,606.91

Remaining Budget 8,794.14 105,530.00