- 2,400 square foot home.
- Based on gas and electric consumption.
- Traditionally insulated homes compared to closed-cell insulation homes.
Results for average yearly of traditional insulated homes compared to closed-cell homes:
- Energy costs for a traditional insulated home: $2,716
- Average monthly cost is $247
- Energy costs for closed-cell home: $1,107
- Average monthly cost is $128
- Savings over a 30-7ear mortgage: $42,645
- The monthly savings of $128 at 6% interest costs could pay for an additional $19,758 in mortgage.
- Mainers Point of View
- The savings on energy bills can be applied to your mortgage, reducing the overall interest paid over the life of the loan. Leading to fewer overall payments and shortening the actual term of the loan.