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Updated about 8 years ago on . Most recent reply

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Stanley Tan
  • Melbourne, Victoria
0
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2
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Calculation when selling a house early

Stanley Tan
  • Melbourne, Victoria
Posted

Hi,

If you bought a house for $500k with a 5% down at 4% principle + interest.

5 years later that house is now worth $600k.

You sell the house.

How much is your profit? (excluding all the fees)

Stan

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