A quick comparison for those of you thinking about buying today versus next year.
Today:
Buy a $500,000 home with a $450,000 mortgage loan (at 6.25% fixed-rate): $2,770 per month
Next year:
Buy the same home for $450,000 (you WISH – and hope) with a $400,000 mortgage loan (at 7.25% fixed-rate): $2,728 per month
Benefit: saving of $42 per month
Cost: Lost sleep over the next 12 months stressing over real estate prices, interest rates, etc.
I’m just saying …
Back to Boston condos for sale homepage
Contact me to find out more about Boston condos for sale or to set up an appointment call/text 617-595-3712.
SEARCH FOR CONDOS FOR SALE AND RENTALS
For more information please contact one of our on-call agents at 617-595-3712.
