But Can You Afford It? Sample Financing
So you’ve heard that “now is the time,” in one form or another for a while now, right? Well, what does that mean exactly?
Our Bank of America rep prepared this sample payment worksheet that compares conventional financing vs. a government-backed FHA loan. Each have pros and cons – larger down payment vs. higher monthly payment for example. But take a look and have a look at your checkbook. And yes, in some cases it is less expensive to buy rather than rent. Give me a call to discuss it in general terms or if you need a few referral mortgage folks to help you out.