Cost of waiting to buy

The numbers are aligned: HUGE selection, LOW interest rates, $8000 tax credit, and LOW prices are the recipe for successful home ownership. If now is the right time for you and your family to begin the process of looking for a home, call us today to get started.

COST OF WAITING TO BUY:
Sales Price                                         $250,000
Down payment – FHA 3.5%              8,750
Mortgage = 30 year at 5.25%       $241,250
Payment                                               $1,332.19

Say Home DECREASES, BUT interest rates INCREASE to 6.25%
Sales Price                                         $237,500
Down payment – FHA 3.5%              8,312.50
Mortgage = 30 year at 6.25%       $229,188
Payment                                               $1,411.15  - an increase of $79 in your monthly payment

We look forward to helping you to reach your dreams! Contact us for a consultation