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Steve Hatfield - Dearborn Michigan Realtor - Century21 Curran and Christie - DearbornHomes.com Steve Hatfield, Realtor, Accredited Buyer Representative, Certified Residential Specialist
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Special Report:
If you wait to buy a home and interest rates go UP, how much will it cost you?

The answer is...it could literally cost you TENS of THOUSANDS of dollars!

Often people don't equate the difference in interest rates with how much it will really affect your payment...and just how much it will cost you in the long run. Below are some examples of what it will cost you if you wait to buy a home and rates go back up again as predicted by many major sources.

Rates are incredibly low right now and when you factor that into the exceptionally low home prices, it is a fantastic time to buy a home!!

If you are thinking about buying a home in the Dearborn, Dearborn Heights, Livonia, Canton, Plymouth, Novi, Westland, Redford or Garden City Michigan, don't wait...contact Steve Hatfield to assist you with your home purchase today!

$50,000 30 year fixed rate mortgage:
If the current
interest rate is...
When interest rates
go UP to...
Extra $$ you'll pay
per month
Extra $$ you'll pay
per year
Extra $$ you'll pay
over 30 years
5-1/2% 6-1/2% (up 1%) $32.00 $384.00 $11,520
5-1/2% 7-1/2% (up 2%) $65.50 $786.00 $23,580
5-1/2% 8-1/2% (up 3%) $100.50 $1,206.00 $36,180


$100,000 30 year fixed rate mortgage:
If the current
interest rate is...
When interest rates
go UP to...
Extra $$ you'll pay
per month
Extra $$ you'll pay
per year
Extra $$ you'll pay
over 30 years
5-1/2% 6-1/2% (up 1%) $64.00 $768.00 $23,040
5-1/2% 7-1/2% (up 2%) $131.00 $1,572.00 $47,160
5-1/2% 8-1/2% (up 3%) $201.00 $2,412.00 $72,360


$150,000 30 year fixed rate mortgage:
If the current
interest rate is...
When interest rates
go UP to...
Extra $$ you'll pay
per month
Extra $$ you'll pay
per year
Extra $$ you'll pay
over 30 years
5-1/2% 6-1/2% (up 1%) $96.00 $1,152.00 $34,560
5-1/2% 7-1/2% (up 2%) $196.50 $2,358.00 $70,740
5-1/2% 8-1/2% (up 3%) $301.50 $3,618.00 $108,540


$200,000 30 year fixed rate mortgage:
If the current
interest rate is...
When interest rates
go UP to...
Extra $$ you'll pay
per month
Extra $$ you'll pay
per year
Extra $$ you'll pay
over 30 years
5-1/2% 6-1/2% (up 1%) $128.00 $1,536.00 $46,080
5-1/2% 7-1/2% (up 2%) $262.00 $3,144.00 $94,320
5-1/2% 8-1/2% (up 3%) $402.00 $4,824.00 $144,720


Recommended topics:
Use a Buyer's Agent.
About ABR, CRS, e-PRO.
Meet Steve Hatfield.
  More Special Reports:
Professional Buyer Representation is critical in today's market!.
Get up to $8,000 in FREE Money when you buy a home.
Foreclosures & Short Sales: A good deal? Is there a catch?.


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Thinking About
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Contact Steve.

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Steve Hatfield .
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REALTOR® ABR, CRS, e-PRO Certified
CENTURY 21 Curran & Christie.
25636 Ford Road
Dearborn Heights, MI 48127
Office: (313) 274-7200
Contact Steve Now
Michigan Real Estate Salesperson #6501221773.
Licensed Realtor® Since 1987
REALTOR Accredited Buyer Representative Certified Residential Specialist e-PRO

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Steve Hatfield, Realtor® provides real estate / home buying and selling services in Dearborn Michigan, Dearborn Heights Michigan, the Wayne County MI (Southeast Michigan) communities of Redford, Westland, Garden City, Livonia, Canton, Plymouth, Northville and the Oakland County cities of Farmington / Farmington Hills and Novi Michigan.

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Equal Housing Opportunity.

In accordance with the law, the properties, real estate services and homes for sale featured on this web site are offered without respect to race, religion, color, creed, national origin, sex, physical limitations / disabilities or familiar status.


REALTOR® is a registered collective membership trademark that identifies a real estate agent / professional who is a member of the NATIONAL ASSOCIATION OF REALTORS® and subscribes to its strict code of ethics.

Century 21 Real Estate Corporation © and sm trademark and servicemark of Century 21 Real Estate Corporation. Equal Housing Opportunity. Each office Independently Owned and Operated.



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