How much could you borrow to own your own home based on what you’re paying in rent?
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Interest Rate Current Rent 4% 5% 6% 7%
$800 $95,000 $84,000 $75,000 $68,000 $900 $115,000 $102,000 $92,000 $83,000 $1,000 $136,000 $121,000 $108,000 $98,000 $1,100 $152,000 $135,000 $121,000 $109,000 $1,200 $168,000 $149,000 $133,000 $120,000 $1,300 $183,000 $163,000 $146,000 $132,000 $1,400 $204,000 $182,000 $163,000 $147,000 $1,500 $220,000 $196,000 $175,000 $158,000 Call me today for information on homes available right now in your price range! *APR as of 11/30/11. This is not an offer to extend credit. Rates subject to change without notice. |
