Help With Calculation

Ok I understand that- my initial question was if I had to invest the full amount at 10% return and use the proceeds to pay park of the loan how what would the difference be.
 
If maintenance include batteries and what does it actually include? Replacement of cells?
Make sure that insurance includes things like hail damaging the panels.
 
yes includes replacement and hail or any damage. They will insure it separately with their business as it belings to them until paid
 
silkman said:
Ok I understand that- my initial question was if I had to invest the full amount at 10% return and use the proceeds to pay park of the loan how what would the difference be.
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You can just use a draw down calculator.

Just note you would not be able to invest the full amount as 10% went to the deposit.
So you have 282 207 to invest and if you were to drawdown that investment to pay the monthly fee you would run out of funds in the 6th year. You then also still need funds to buyback the system from them after 7 years at 10%.

Just note the below calculator seems to add 6.5/12 to the monthly fee each month which will work out to more then just 6.5% increase once annually. So if you want a very accurate figure you would need to try find a different calculator (or look up the formula). Also you would have to pay tax on the investment return i.e the 10% would have to be the return after tax.

How long will my money last with systematic withdrawals?

www.calcxml.com www.calcxml.com

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ConfusedGoat said:
You can just use a draw down calculator.

Just note you would not be able to invest the full amount as 10% went to the deposit.
So you have 282 207 to invest and if you were to drawdown that investment to pay the monthly fee you would run out of funds in the 6th year. You then also still need funds to buyback the system from them after 7 years at 10%.

Just note the below calculator seems to add 6.5/12 to the monthly fee each month which will work out to more then just 6.5% increase once annually. So if you want a very accurate figure you would need to try find a different calculator (or look up the formula). Also you would have to pay tax on the investment return i.e the 10% would have to be the return after tax.

How long will my money last with systematic withdrawals?

www.calcxml.com www.calcxml.com

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Thanks bro
 
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