down payment assistance plan on a 325K home brings the cost down to $300K. At a 7% interest rate for 30 years makes the payment $1991 per month.
A $325K home without the assistance at a 3.25% interest rate makes the payment $1414 per month. That is a $577 monthly difference, or a $207,720 savings over 30 years.
Quit trying to buy votes, no such thing as free money. Don’t be fooled.
Focus on bringing the interest rates down.
A $325K home without the assistance at a 3.25% interest rate makes the payment $1414 per month. That is a $577 monthly difference, or a $207,720 savings over 30 years.
Quit trying to buy votes, no such thing as free money. Don’t be fooled.
Focus on bringing the interest rates down.
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