If you are looking for the right time to buy a home, there is no time like the present.
How much will it cost you to wait 1, 2 or 3 years? These charts compare all of the costs and payments if you were to take out your loan today, versus 1, 2 and 3 years.
The Property value changes are based on the MBS Highway forecasts for each county, but can be adjusted. The Interest Rate changes are based on the MBA forecasts, but can also be changed. The downpayment amount assumes that you will want to keep the same LTV, so if the home price increases in the future, the down payment will increase accordingly.
For more information, contact The Holly Walther Lending Team today.