Aloha military members - you can put your BAH to work for you. Many military members have choices when it comes to where you want to reside. Do you want to live on-base or off-base? Should you rent or should you purchase? Seeing how much mortgage your BAH will cover can help you with these decisions.
With today’s historically low interest rates and Oahu’s BAH rates, you have some real buying power, especially in today’s suppressed real estate market. If you qualify for a mortgage, why pay someone else’s mortgage? Put your BAH to work for you. Use your BAH to pay for your own mortgage.
The below chart illustrates the BAH Buying Power. If the BAH amount was used to make a monthly mortgage payment the corresponding principal value is shown for a 30-year fixed mortgage based on a 4% and 5% interest rate. You should consult with your bank or mortgage broker to determine your buying power and the mortgage program appropriate for your financial goals.
Because we are constantly monitoring and advising on the Oahu real estate market, we can readily identify properties that meets your wants. In a short period of time, we are able to narrow available properties based on your search criteria and goals. Once the right property is identified, we negotiate a contract that is acceptable to you and the seller. Then we ensure the deal is closed in a timely fashion with your best interests in mind. Now is the time to begin accumulating equity with your own piece of paradise. We are standing by to assist you!
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