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If you are considering buying a house, now is the time to act. In today’s real estate market, homeownership is more than a lifestyle preference — it’s the financially smart thing to do. If you’re currently renting your home, your rent is likely more than the monthly mortgage payment and ownership cost for the same home! With a minimum downpayment, you can upgrade from renting to owning, and save money on your monthly costs.
Rent | Costs | Buy |
$0 | 30-Year Fixed-Rate Mortgage at 5% | $200,000 |
$0 | Monthly Principal and Interest | $899 |
$0 | Monthly Mortgage Insurance | $217 |
$0 | Monthly Taxes and Insurance | $235 |
$0 | Monthly Maintenance | $185 |
$1,600 | Monthly Rent | $0 |
$0 | Monthly Income Tax Savings | $100 |
$1,600 | Monthly Cost | $1,436 |
Want more information about buying a home? Call me today for a free consultation! Together, we can figure out what’s right for you.
The concept is good. Now to actually find a home…… that’s the real challenge.
I Like it. Great for finding Buyers who are on the fence as well as encouraging those who haven’t found what they want yet to keep looking.