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Contact Information

Beverly J. Stewart
CityWise Real Estate Service, LLC
650 E. Carmel Dr.
PO Box: 300
Carmel, In, 46032
Office: 317-848-2929
Cell: 317-514-9998
Fax: 317-843-2977
Lic. #: AB20200023

Rent vs. Buy Calculator


$   Current Rent
  % Est. tax bracket
$   Purchase Price
  % Down Payment
  % Interest Rate
    Mortgage Term (Years)
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$   Yearly Taxes?
$   Yearly Insurance?
    Total PITI
    How long will you own (typ. 7 yrs)

$   This is your rent over the period
$   This is mortgage over the period
best time to buy homes | Print |

When is the best time to buy a Indianapolis Metrpolitan, Lawrence Township, and Suburban Areas area property?

Here are some frequently cited reasons for buying a house:
* You need a tax break. The mortgage interest deduction can make home ownership very appealing.
* You are not counting on price appreciation in the short term.
* You can afford the monthly payments.
* You plan to stay in the house long enough for the appreciation to cover your transaction costs. The costs of buying and selling a home include real estate commissions, lender fees and closing costs that can amount to more than 10 percent of the sales price.
* You prefer to be an owner rather than a renter.
* You can handle the maintenance expenses and headaches.
* You are not greatly concerned by dips in home values.

Questions about Indianapolis Metrpolitan, Lawrence Township, and Suburban Areas Real Estate?

Ask us below or Call us Now at 317-848-2022
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Last Updated ( Thursday, 04 September 2008 )
 
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