Home

Qualifying incomes Mobility Equipment The Economics Save on Gas

QUALIFYING INCOMES FOR THE FINANCIALLY UNINFORMED

  For those that think that they can only afford a PRODUCTION HOME,THINK AGAIN;

You can afford to buy a DESIGN-BUILT CUSTOM HOME

Do you know what happens when you say” I do not want to spend more than $360,000 for a new home”, But, your combined ACTUAL INCOME IS OVER $80,000? Based upon today’s market you have placed “self imposed” limits on yourself and you are compelling yourself to buy a Production Home where you are offered three models and a couple of front elevations; thus living in a community of stereotyped homes where the range in price is negligible; or not buying at all; losing any attained appreciation over a period of time. In this situation you are not buying value, only space.

Do you know that for the same investment you can buy a Designed-Built custom home accommodating your ideas that will meet your families needs?  When a person is told that this might cost more than they anticipated, they panic.  They envision a tremendous increase in monthly carrying costs and give no thought of future value or tax savings.  If you were told that you could accomplish this and it would only cost a few dollars more per month, would that make a difference to you?  IF IT DOES DO NOT BUY.

THE TABLES SHOWS YOU THE DIFFERENCE IN COSTS
BETWEEN VARIOUS SELLING PRICES

Selling Price

$380,000

$400,000

$440,000

Total Cash required with 5% Down

$30,000

$31,000

$33,000

(note: Financing available from 5%down; inquire about different programs available)

 

Mortgage Type 6% Interest

Conv-30 yr

Conv-30 yr

Conv-30 yr

Monthly Carrying Cost

$2,768

$2,888

$3,138

(includes Prin.,Int., taxes & insurance; structured with no Mtg. Insurance)

 

Qualifying Income Required

$81,000

to

$107,000

Insert your Income Here and see if you are qualified for the "Home of your Dreams"

           $

             $

    $

Monthly net Payment After Tax Savings (33%)

$1,917

$1,997

$2,158

The difference In Monthly Costs to buy a Design Built Custom Home:

 

Between Each Price Upgrade

$0

$80

$161

 

SALES CENTERS

MAYFIELD WOODS
RHONDA COURT & CARLSON LANE
WINDSOR MILL, MD. 21244

THE COVE
GEORGE ST. & WOODLAND AVE
MIDDLE RIVER, MD. 21220

Phone:(410) 879-4242
Fax: (301) 622-3033
E-mail:SR9889@aol.com
www.interstateventures.com
www.CustomHomeSimplified.com
Visit us on Facebook
www.facebook.com/interstateventures