// // // // // Paramus Mortgage | Buying - The Cheaper Option - Get A Rate // // // // //
June 2017

Paramus Mortgage | Buying – The Cheaper Option

Many people are under the impression that renting a home will be the cheapest way to afford their living arrangements.

At Get A Rate, we want you to know that is not always the case.

In fact, it is usually the opposite!

img 70 NEW Rent vs Buy Calc

More times than not, buying your home is, in fact, the more affordable option.

While there may be more up-front costs associated with purchasing a home, we provide comfortable options for every financial situation and can work with you to get you a monthly mortgage payment that is lower than what you would be paying each month to rent.

The state of New Jersey is close to the top of a list of states where the average rent is higher than the average mortgage payment – You could save nearly $500 a month with a Paramus mortgage!

img 69 NEW Affordability Calc Banner

With mortgage interest rates remaining at historical lows, the real estate market is becoming increasingly competitive. It is now more important than ever to work with a professional when it comes to your homeownership goals.

At Get A Rate, we are here to help you every step of the way, from securing the low, low rates, to getting you pre-approved so you can improve your bargaining power with sellers, we know what needs to be done to accomplish your dreams of homeownership, and we are determined to help you succeed.

img 64 Get A Rate Free Rate Quote

We know that purchasing a home is a huge decision, especially when compared to renting a home because there is a lot more involved in the process.

We don’t take any of your financial decisions lightly and we are dedicated to keeping your best interests as a top priority to help you determine the best home loan options for your situation.

If you are interested in finding out more about the difference between renting and buying, and how purchasing a home could save you money, give us a call today. We look forward to answering your Paramus mortgage questions and helping you with your dream of homeownership!

img 65 Need To Get Pre Approved Get A Rate

Source: http://www.prnewswire.com/news-releases/the-cost-of-renting-vs-owning-a-home-in-every-state-300299208.html

Was this article helpful?

Related posts
FHA Loans: Benefits & Eligibility
March 2019
FHA Loans: Benefits & Eligibility

FHA loans allow you to purchase or refinance a house with financial assitance. These loans are backed by...

Tools
How Your Job Impacts Getting a Home Loan from a Mortgage Company
March 2019
How Your Job Impacts Getting a Home Loan from a Mortgage Company

If you're in the market looking for your first house, one of the most important factors on your side is stead...

Tools
USDA Loans: Benefits & Eligibility
March 2019
USDA Loans: Benefits & Eligibility

If you think you can't qualify for a mortgage or can't afford a down payment, you may have to think again. Th...

Tools
What Low Rates REALLY Mean to Homebuyers
February 2020
What Low Rates REALLY Mean to Homebuyers

You’ve probably seen the headlines: “Interest Rates Are At A Record Low” all over the news recently. Gr...

Buying a HomeFinancial TipsRefinancing