

| MOLONY REAL ESTATE RECOMMENDS: A SOURCE FOR MORTGAGE TERMS AND INFORMATION: "FREDDIE MAC" You can find Info Regarding: Tools and Calculators: Prequalification Calculator: this determines what level of income lenders will expect you to be making to qualify for a certain loan amount. Mortgage Payment Calculator: compute the payment for a given loan amount and interest rate. Rent Vs. Own Calculator: compare your investment in a house versus renting and investing the difference. Create an Amortization Schedule: enter principal, interest, number of payments and compounding method and the program will create a schedule for you. CLICK HERE FOR: Freddie Mac Information |
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| SEARCH FOR PROPERTY |
| Ask Molony Real Estate: How difficult is it to purchase a home? Answer: Knowing how much the Bank will authorize for you to purchase the home/property of your dreams makes the search for your new home a lot easier. Financing a property to purchase especially a first home, can sometimes appear to be overwhelming. Do not give up and give in to renting! Most people have lower monthly mortgage payments than their monthly rent. Most down payments for a home are less than the required security deposits and first months rent. |
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