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 7th
•· $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.
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