Why rent when you can own for less? Using an amortization schedule with a purchase price of $52,900.00 at an estimated 4% interest rate on a 30 year loan, an estimated monthly payment would be $252.55, principal and interest. This is a remodeled 2 bedroom home with fresh paint, cleaned carpet, a single car garage and a shop attached to the garage. Estimated budget billing is running around $80 per month. Again why rent when you can own??
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