Did you know that if you buy a $300k home today with a 30 year fixed rate of 5% and your down payment on the home is 10% that your monthly mortgage payment is $1449? How does that compare to your monthly rent?In 2010 to date the median sales price of homes in Montgomery County is $330k with 3k+ homes sold! In Washington,DC this year nearly 2k homes have sold at a median sales price of $365k.
If you are curious about what your monthly mortgage payment would be at different price levels? Contact your lender today to get approved for a loan and discuss different scenarios regarding purchase price,down payment and mortage rate.
You can also explore different financing options by going to my website, www.basheinhomes.info, under 'financial tools'. However,you do need to speak with an actual lender to get approved for a loan.
By the way,I always have time for your referrals.
Licensed in MD & DC
7821 Tuckerman Lane
301-718-4100 ext. 132