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A 1% lower interest rate gives you the following buying power: Approx.

Loan Amount Interest Rates

7% 6%

(*P&I)

(*P&I)

P&I Monthly Difference

$200,000

$250,000

$300,000

$1331 $1199

$1663 $1499

$1996 $1799

$132

$164

$197

How much more home you can buy

$22,000

$27,000

$31,000

30 Year Loan Savings

$47,520

$59,040

$70,920

The monthly payment difference allows you more house for your money. More bedrooms, larger house, newer neighborhood etc. * Principal and Interest Only

November 2003

The Power of One  

As interest rates increase, so does our buying power.

The Power of One  

As interest rates increase, so does our buying power.

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