Is Now a Good Time To Buy a Home in Hendersonville Tn? Real Estate has proven to be the best investment of your money and the easiest way to grow your wealth. Forget playing the lottery, invest in a home every year. One day you can really enjoy retirement. One more incentive just released starting Sept 7th the additional monthly cost of owning a home valued at $200,000 will be $44.76.

Currently

•·        $200,000 Sales Price

•·        3.5% down payment ($7,000)

•·        Loan Amount ($193,000)

•·        2.25% UPMIP ($4,342.50)

•·        Loan Amount with UPMIP ($197,342.50)

•·        Monthly MIP .55% ($88.46)

•·        Example 30 year FIXED Rate of (4.25%)

•·        PI with monthly MIP = $1,059.27 (before Taxes and Insurance)

Starting September 7^th

•·        $200,000 Sales Price

•·        3.5% down payment ($7,000)

•·        Loan Amount ($193,000)

•·        1% UPMIP ($2,000)

•·        Loan Amount with UPMIP ($195,000)

•·        Monthly MIP .90% ($144.75)

•·        Example 30 year FIXED Rate of (4.25%)

•·        PI with monthly MIP = $1,104.03 (before Taxes and Insurance)

***This equates to an additional monthly cost to your borrowers of $44.76 on a $200,000 sales price.***

Looking to make an investment or buy a home in Middle Tn, give Sherry Chastain a call today to help you make the right decision.