Knowledge is power, this we know.
|Term||30 Year||1 Year|
|Down Payment/Security Deposit||$8,500||$3,000|
|Principal & Interest||$1,336||--|
|Total Monthly Payment||$1,674||$3,000|
|Total Payment After 3 Years||$60,264||$108,000|
Equity after 3 years
One thing many people don’t know – talking to you, apartment renters – is that you can actually afford a home. When all is said and done, it is quite possible for renters to be homeowners.
|Purchasing Advantages||Renting Disadvantages|
|Property builds equity||No tax benefits or equity gains|
|Tax deduction of mortgage interest||No control over rent increases|
The benefits are obvious. Now that you’re in the know, it’s time for you to take the next step. Give me a call and let’s talk about how we can work together to get you from “renter” to “homeowner.”
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