ALBUQUERQUE AREA NEW MEXICO HOME LOANS
ALBUQUERQUE AREA NEW MEXICO HOME LOANS
SAVE
MONEY ON NEW MEXICO REAL ESTATE BY PRE-QUALIFYING ON LINE!.
YOU CAN BUY MORE HOME
THAN YOU THINK!
The "TWO-STEP LOAN" is a fixed-rate loan that allows you to
pay 2% below current market interest rates.
You qualify for and afford about 20% more home
for the same payment!
Look at the comparison chart below to see how much more home you can buy using this special loan program. Pick an interest rate close to today's rate to see how much loan you can get for the payment. Then look at the rate that is 2% less and see how much more money you can borrow for the same monthly payment!
| Monthly Payment* |
9.00% |
8.00% |
7.00% |
6.00% |
5.00% |
| $600 | $74,569 | $81,770 | $90,184 | $100,075 | $111,769 |
| $800 | $99,425 | $109,026 | $1120,246 | $133,433 | $149,025 |
| $1,000 | $124,282 | $136,283 | $150,307 | $166,791 | $186,281 |
| $1,500 | $186,423 | $204,425 | $225,461 | $250,187 | $279,422 |
| $2,000 | $248,564 | $272,567 | $300,615 | $333,583 | $372,563 |
*Based on a thirty-year amortized loan, principle and interest only. Property taxes, homeowners' insurance and possibly mortgage insurance could be added to the payment.
THAT IS AMAZING!
NEW
MEXICO LOANS FRONT PAGE NEW
MEXICO INFORMATION PAGE PICTURE
TOURS FOR HOMES
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WEBMASTER: CHUCK DAWSON