Should you rent or buy?

Because local lenders are offering such low interest rates, your monthly mortgage payment with a local El Paso Mortgage company could be lower than your rent. Here is a schedule of suggested mortgage amounts and estimated monthly payments:
                                                                               

Loan Amount	FHA	VA	USDA
$140,000	$1,150	$1,050	$1,090
$160,000	$1,300	$1,200	$1,245
$180,000	$1,480	$1,350	$1,400
$200,000	$1,650	$1,500	$1,550
$220,000	$1,800	$1,650	$1,710
$240,000	$1,975	$1,800	$1,868

4% Rate 4.339% APR.. Includes taxes and ins. o.a.c.

Yvonne A. Russell,  REALTOR® 
RE/MAX Buyer’s Agent
10940 Ben Crenshaw, Suite C
El Paso, Texas  79935
CELL (915) 873-8646 | (888) 845-2408 | FAX (915) 594-9253
Russell-Realtor
MLS Access
JD Power Survey-”Top Rate Real Estate Agent”

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