Courtesy of Dan Saunders, REALTOR®

How Big A Mortgage Can I Afford?

Not only does owning a home give you a haven for yourself and your family, it makes great financial sense, too.

This calculation assumes a 28-percent income tax bracket. If your bracket is higher, your savings will be too.

Rent: _________________________

Multiplier: X 1.32

Mortgage payment:__________________

Because of tax deductions, you can make a mortgage payment—including taxes and insurance—that is approximately one-third larger than your current rent payment and end up with the same amount of income.

To determine what your monthly mortgage payment would be on various loan amounts, visit

http://www.realtor.org/realtororg.NSF/pages/FMCalculators?OpenDocument&Login

www.REALTOR.org/realtormag Reprinted from REALTOR® Magazine Online by permission of the NATIONAL ASSOCIATION OF REALTORS® . Copyright 2003. All rights reserved.

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Contact Dan

Call me now!  I am an experienced, dedicated Real Estate Consultant and available to answer your questions.  With an eye for detail and an honest and friendly staff, we are 100% committed to providing you the quality of service to meet your needs. 

My Team has specialists in all phases of real estate:  Mortgage, Title Insurance, Real Estate Investments and Commercial fields. 

We derive our business through Referrals from business associates, past and present clients, friends and family members.  Your contact will be responded to as soon as possible.

Please fill out the form below for a no-hassle search for the property you desire.

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Dan Saunders, Realtor®
941-539-5929 
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