Christee Home Wealth Analysis Quick Start

For most people, their most valuable asset is their home. A combination of paying down the mortgage and property appreciation creates equity or personal wealth.

Christee’s Wealth Analysis displays potential equity on a yearly basis. The report includes annual payments to interest and principal, plus mortgage balance, projected home value, and accumulated equity.

Amortization is the process of liquidating or paying down a loan balance – also referred to as the principal balance. Monthly payments are first allocated to interest, and the remainder reduces the principal balance. Future home values are based upon the annual appreciation.

There are 6 Required Inputs for a Christee Wealth Analysis.

  • 1. Interest Rate. Enter interest rate on the mortgage.
  • 2. Sales Price. Enter the purchase of property.
  • 3. Loan Term. Select loan term form dropdown box.
  • 4. Annual Appreciation. Enter the amount of annual property appreciation to be used for future property values.

    Tip. Appreciation is based upon a compound calculation. For example, a $100,000 with appreciation of 5% annually, would have a value of $105,000 for year one and a value of $110,250 for year 2.

  • 5. Loan Amount.

    Tip. If you are seeking potential wealth on an existing loan. Enter the original loan amount and not the current balance. Also enter the original purchase price.

  • 6. Zip Code. Enter Zip for the location which the home is located.

There are 2 Optional Inputs. NOT required for Christee Results.

  • 1. Extra Principal Monthly. Enter extra principal payment to be made per month.

    Tip. Extra principal payment is that amount above required minimum principal and interest payment.

  • 2. Email Address. By entering a valid email address, you have the option to have the PDF report emailed to yourself or another person.

    Tip. If this field is blank, then you may download the PDF report.

    Tip. Make sure you hit the ‘submit’ button after entering an email address.

We hope you enjoy your AskChristee experience!

Results will be displayed in your browser. Additional detail is available in the PDF file. Please review results with a recommended AskChristee Agent and Lender.

See the Resources tab for more Information. Visit Video tab for demonstration and greater insight.