How Does A Rise In Interest Rates Impact Your Buying Power?

If, at the fixed rate shown below, you qualified for a loan amount of:

What loan amount would you qualify for

based on a higher rate of:

4.50% 5.50% 6.50%
(4.665% APR) (5.679% APR) (6.694% APR)
$ 200,000 $ 178,411 $ 160,267
$ 300,000 $ 267,705 $ 240,480
$ 400,000 $ 356,822 $ 320,535
$ 500,000 $ 446,116 $ 400,748
$ 600,000 $ 535,410 $ 480,960
$ 700,000 $ 624,527 $ 561,015
Posted on December 11, 2010 at 11:11 am
Rob and Sandy Racz | Category: Financing Issues

2 responses to “How Does A Rise In Interest Rates Impact Your Buying Power?”

  1. Your MLS search tools were very easy to use on your real estate website We will definitely visit again!

  2. Every one remembers that our life seems to be expensive, but some people need cash for various stuff and not every person gets enough cash. Therefore to get some home loans and just short term loan should be a proper solution.

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