Mortgage Broker Or Lender, Louisville, KY
That depends on the type of loan you are looking for, on a conventional mortgage the interest rates are tiered based on loan to value and credit scores. The difference in the amount of interest from the top tier and the bottom on a $200,000 mortgage today is $42,840. Those are after tax dollars so you would need to earn about an extra $80,000 to pay for the same house. Yeah I know, interest is still deductible, but in the real world the payment is made from after tax dollars,
This is just one example...
NMLS # 6395
Financing Kentucky One Home at a Time