Renting vs Buying a Home.....How do you know

Renting vs Buying a Home...How do you know if it is the right time for you?

If your not sure if you can buy a home, try out this calculator out to see how if compares paying rent or paying for a mortgage. Here is a simple calculator that can help you see the options for you.  These are some values you need to consider:

FHA Loans
Percent of money down required 3.5%

Conventional Loans
Percent of money down minimum 5% or up to 20%

Home Appreciation/Deprecation Value from HUD is 2.1%

Current interest rates today are hovering around 3.5-3.8%

Buy vs Rent Calculator

Contact the Hoffman Home Team to learn more or answer any questions you may have about renting vs buying a home.

Office: 303-539-5395

Direct: 303-949-9770

hoffmanhometeam.com

 

Spacious Home for sale in the North Creek Farms Community

Home for Sale in Thornton

16463 Gilpin St Thornton, CO 80602 Spacious Home in the North Creek Farms Community

Price : $269,900 Bedrooms : 5 Bathrooms : 3 Square Foot : 3,618 Lot Size : 6,882 Community : North Creek Farms County : Adams Property Type : Detached Year Built : 2002 MLS Number : 1133266 click for more information and pictures Property Description Conveniently located in the North Creek Farms Community. This home offers an open floor plan. Formal Living and Dining Room great for holiday dinners. Kitchen is open to family room and backyard. Patio door opens to Trex deck great for entertaining.Master bedroom offers walk in closet and 5 piece bath. Enjoy the surround sound throughout the home and backyard. Close to Shopping Easy commute to Longmount/Boulder. Features List Large Lot Trex Deck 4 Bedrooms 2nd Level Kitchen Island Open Basement 1 Bedroom/Study Main Fireplace Wired Surround Sound Pantry Sprinkler System 2 Car Garage Dog Run Sideyard Kitchen Appliances 5 Piece Master Bath Walk In Closets Washer & Dryer I Easy Commute Boulder Larkridge Shop/Dine

Equal Housing Opportunity.