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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.