Interest Rate Scenerios
|
|
5.25% |
|
5.50% |
|
5.75% |
|
6% |
|
6.25% |
|
6.50% |
|
6.75% |
|
7% |
|
7.25% |
|
7.50% |
|
7.75% |
|
8% |
|
8.25% |
|
8.50% |
|
8.75% |
|
9% |
|
You would qualify for |
|
$97,250.00 |
|
$94,600.00 |
|
$92,000.00 |
|
$89,600.00 |
|
$87,200.00 |
|
$84,950.00 |
|
$82,800.00 |
|
$80,700.00 |
|
$78,700.00 |
|
$76,800.00 |
|
$74,950.00 |
|
$73,170.00 |
|
$71,500.00 |
|
$69,850.00 |
|
$68,300.00 |
|
$66,800.00 |
| |
For all your Sedona Real Estate needs, call John 928-300-0849 or e-mail.
Home Affordability Based on Rate
Every 1% increase in interest rates results in a 10% loss in Purchase Power. For example, if at an interest rate of 5% you qualified for a mortgage of $100,000, then at:
Go back to January 2011 Newsletter
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