Real Estate Tips

Loan Comparison: The Difference Between a $400k Loan & a $500k Loan

Here is a great side-by-side comparison for a home loan on a $400k purchase price, and one on a $500k purchase price. While it might not seem like a huge difference when paid out over 30 years, the difference in monthly payments is significantly more, which can also have a negative outcome when getting pre-approved, should you be searching for homes outside of your price range.

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