With Charlotte home prices appreciating so quickly, it’s not improbable that buying in 2022 is more valuable than waiting to purchase, regardless of what happens with interest rates.
This chart assumes a 15 % increase in home values over the next two years and shows the monthly savings with rising, declining, and unchanged interest rates.
HEADS UP: These payments are calculated on a 30-year/360-month payment amortization schedule. All payment amounts are estimated to the nearest whole dollar. Not included in the payment would be any HOA or extra costs. This chart is intended for informational purposes only and is not a commitment to lend or extend credit or provide information on rates.
Takeaway: Waiting to buy can cost you more money!
If you have questions or you’d like more information reach out to our team to chat!
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