Cheaper to own

 

Wow!    What a time to buy a house!   Do you realize that today’s interest rates are below 5%?   This is an incredible time to buy!      If you’re renting for $1,000 per month, at today’s rates,  you could spend that same $1,000 on OWNING a $200,000 home.    Call New Home Resource today and let us help you BUY your dream home!!

Above is based on:

$200,000 sales price

$40,000.00 down payment

$160,000.00  loan amount

 $998.00  PITI/assuming taxes at 166.00 and insurance at 40.00

 

4.25% interest rate/4.306 APR