Hey Coach has projected the future value of your property and outstanding mortgage balance. Select a bar on the chart to see how your property value and outstanding mortgage change over time.
The property projections use today’s dollars. This means we have reduced your property growth rate to account for inflation. By using today’s dollars you can value your property to your current income levels. If the results were shown in future dollars instead, your property growth rate would be larger but it would be more difficult to compare to your current financial position.
The growth in your property value is calculated using a future value model and the growth is compounding. This means your property generates growth from both its initial value and the accumulated value from future years. Compounding, therefore, differs from linear growth, where only your initial property value grows each year.