|
Real Estate Sales, Mortgage Broker, Land Surveying & More, FLORIDA PROPERTY SHOPS your "One Stop Real Estate Shop"....Call 352-315-1208 |
| Search Listings | Just Listed! |
 |
   |
|
Courtesy of Raffaela Ward, REALTOR®
How Big A Mortgage Can I Afford?
Not only does owning a home give you a haven for yourself and your family, it makes great financial sense, too.
This calculation assumes a 28-percent income tax bracket. If your bracket is higher, your savings will be too.
Rent: _________________________
Multiplier: X 1.32
Mortgage payment:__________________
Because of tax deductions, you can make a mortgage payment—including taxes and insurance—that is approximately one-third larger than your current rent payment and end up with the same amount of income.
To determine what your monthly mortgage payment would be on various loan amounts, visit
http://www.realtor.org/realtororg.NSF/pages/FMCalculators?OpenDocument&Login
www.REALTOR.org/realtormag Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS® . Copyright 2003. All rights reserved.
Click here for printer-friendly format
Contact Us
If you have any questions, please call us 352-315-1208, or e-mail use the form below.
Raffaela Ward
Real Estate Broker/Mortgage Broker
Alexander (Sandy) Duchart PSM, PLS
RE Sales, Florida/Alabama Land Surveyor
Fl Lic. LS5998
Contact Information
Raffaela Ward, Realtor®
Florida Property Shops, Inc. 1209 Sunshine Avenue
Leesburg, Florida 34748
Phone: 352-315-1208
Fax: 1-866-324-0693
E-mail: Click here / Website: FLORIDAPROPERTYSHOPS.COM
Equal Housing Opportunity. This material is based on information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete and should not be relied on as such. This offering is subject to errors, omissions, change of price or withdrawal without notice.
