Here is a great side-by-side comparison for a home loan on a $400k purchase price, and one on a $500k purchase price. While it might not seem like a huge difference when paid out over 30 years, the difference in monthly payments is significantly more, which can also have a negative outcome when getting pre-approved, should you be searching for homes outside of your price range.
Author: Jennifer Davina Realty
With extensive knowledge of the Santa Clarita Valley and it’s surrounding areas, Jen has been a life-long resident of Acton, offering insider expertise to her clients. When a trip to Europe turned into a travel writing career, Jen found herself focused on different styles of architecture and international houses while overseas. After years of traveling, and twenty-something countries later, Jen’s obsession with photographing houses immensely grew, and so did her passion for real estate. It was one night when she was looking through her travel photographs that she realized her love for homes, and immediately enrolled in real estate classes. Working as an agent with Keller Williams VIP Properties in Valencia, California, Jen’s mission is to turn houses into homes, and does this through using the latest marketing tools, listening to her clients’ needs and knowing the local neighborhoods. Aside from real estate, Jen enjoys being a mother to her two children Milo and Zoey, cooking (she is also a culinary school graduate), muscle cars, German Shepherd rescues and Disneyland trips. View all posts by Jennifer Davina Realty