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This calculator will enable you to get a broad picture of the income tax and mortgage payments that you will make in the years leading up to your planned retirement. While not a true property investment calculator it does give some ideas on how investing in properties can achieve or even ‘beat’ the required income.
- how much income tax you will pay each year
- your total tax bill between now and retirement
- your total mortgage repayments in these years
- taxable income needed to meet these repayments
- how long it will take to pay off your mortgage
- how much income you will need at retirement
Please note that these calculations are to be used as indicative guidelines only, and financial decisions should not be taken based on the results without consulting your accountant, financial planner or a similar specialist.
Please enter the required data in the fields below. |
