Go Figure !?!

Look at the chart below to compare the rent you are paying compared to the price of a home that you could own for the same monthly payment.

Rent                               Price of Home

$300                                $45,000

$400                                $60,000

$500                                $75,000

$600                                $90,000

$700                                $105.000

*(Figures are based on $0 downpayment, 7% A.P.R., 30 year fixed Mortgage.)(Taxes and Insurance are NOT INCLUDED)

How much house can you afford?

________________X .28=______________________ Mo. Gross income               Mo. house payment

__________________X150=______________________ Mo. house payment             Max. Loan Amount

*(Max. loan amount is based on 7% A.P.R., 30 year fixed interest rate loan.)

What About My Debts?

    A mortgage company will consider your personal debts when qualifying you for a loan. This may or may not affect your eligibility for a home loan. There  is a quick way to find out how much of a home loan you are eligible for -- it's called getting "Pre-Qualified."

How Do You Get "Pre-Qualified?"

The process begins with picking-up the phone and giving us a call. We will help you find just the right lender. The call is FREE.

Are You Ready to Own Your Next Home?

     If you answered "Yes" to this question, then it's time to get started! Pick up the phone and give us a call today.

Send mail to Mhawkins@bellsouth.net with questions or comments about this web site.