SL Amortization and Annuities
The '2018 State of the Nation's Housing' report from Harvard university states that more than 1 In 3 households pay over 30% of their income in housing costs (rental or mortgage payments). Furthermore, 18.8 million of households (2015: renters and house owners combined) or approximately 15% of the population, pay over 50% of their salary on housing (Harvard University's "State of the Nation's Housing 2017). For most...