public double[] BalanceBuying(PurchaseProperty purchaseProperty, double deposits, int term)
{
double[] savings = new double[term + 1];
//Costs Initalise
double costs;
double principleRepayment = purchaseProperty.PurchasePrice / (term - 1);
double mortgageInterest;
double mortgageLeft = purchaseProperty.PurchasePrice;
savings[0] = currentSavings;
System.Diagnostics.Debug.WriteLine(@"
#############################################
Buying
#############################################
");
for (int i = 1; i < term + 1; i++)
{
mortgageInterest = mortgageLeft * mortgageInterestRate;
costs = principleRepayment + mortgageInterest + purchaseProperty.AnnualCosts;
mortgageLeft -= principleRepayment;
//System.Diagnostics.Debug.WriteLine("Mortgage Interest for year " + i + ": " + mortgageInterest);
//System.Diagnostics.Debug.WriteLine("Principle Repayment for year " + i + ": " + principleRepayment);
System.Diagnostics.Debug.WriteLine("Total costs for year " + i + ": " + costs);
//System.Diagnostics.Debug.WriteLine("Mortgage Left " + i + ": " + mortgageLeft);
savings[i] = (savings[i - 1] + deposits) - costs;
System.Diagnostics.Debug.WriteLine("Savings for year " + i + ": " + savings[i]);
}
return(savings);
}
public double BalanceNextYearBuying(PurchaseProperty purchaseProperty, double deposits)
{
//Costs
double mortgageInterest = (purchaseProperty.PurchasePrice * mortgageInterestRate);
System.Diagnostics.Debug.WriteLine("Mortgage Interest Rate: " + mortgageInterestRate);
System.Diagnostics.Debug.WriteLine("Mortgage Interest: " + mortgageInterest);
double mortgagePrincipleRepayment = purchaseProperty.PurchasePrice / term;
System.Diagnostics.Debug.WriteLine("Mortgage Principle Repayment: " + mortgagePrincipleRepayment);
double costs = purchaseProperty.AnnualCosts +
mortgageInterest +
mortgagePrincipleRepayment;
double balanceNextYear = (currentSavings + deposits) - costs;
return(balanceNextYear);
}
