Health & Fitness
BLOG: Is Renting Hazardous To Your Wealth?
It's amazing how much money you pour into your landlord's pocket over time when renting a home or an apartment.
It’s amazing how much money you pour into your landlord’s pocket over time when renting a home or an apartment.
Monthly Rent
After 3 Years
Find out what's happening in Bel Airwith free, real-time updates from Patch.
After 4 Years
After 5 Years
Find out what's happening in Bel Airwith free, real-time updates from Patch.
After 6 Years
$800
$28,800
$38,400
$48,000
$57,600
$900
$32,400
$43,200
$54,000
$64,800
$1,000
$36,000
$48,000
$60,000
$72,000
$1,100
$39,600
$52,800
$66,000
$79,200
$1,200
$43,200
$57,600
$72,000
$86,400
$1,300
$46,800
$62,400
$78,000
$93,600
$1,400
$50,400
$67,200
$84,000
$100,800
$1,500
$54,000
$72,000
$90,000
$108,000
$1,600
$57,600
$76,800
$96,000
$115,200
With interest rates at historic lows, buying power is HUGE! Let’s put this into perspective:
In 1989 the average home cost was $94,000; while interest rates were at 10 percent (payment would be $825 per month). In 2011 the average home cost was $166,100; while interest rates were 4.45 percent (payment would be $837 per month). The difference in monthly payment is only $12 per month!
Call Laura Snyder at 410.375.5779 or email laurasnyderhomes@gmail.com for a free consultation. Let’s make your money grow for you and start paying your own mortgage – not someone else’s. For more information, visit www.listingwithlaura.com.
