Learn about Utah, the suburbs, neighborhoods, schools and the real estate market here. This blog is authored by real estate experts from all around Utah. If you're looking to stay updated on Utah's Real Estate Market, this is the place for you.
Three different lenders I work with contacted me today about home loan rates. All three of them are able to do a 30 yr fixed rate FHA or VA loan at 3.75% (apr 3.99%). WOW! With the loan rates getting even better today, you can save an estimated $72 a month (see example below).
Saving $72 a month on your Utah home payment is great, but how does $72 a month = $25,000 in savings? Look at the total interest paid over the life of the loan as given in the example below. In addition to the lower payment, you will save thousands in total interest paid. What a great day to buy a home.
Loan Amount: $250,000.00 ~
Term of the Loan: 30 years
Monthly mortgage payments: $1,157.79 ~
Total interest paid over the life of the loan: $166,804.04
Loan Amount: $250,000.00 ~ Term of the Loan: 30 years
Monthly mortgage payments: $1,229.85
Total interest paid over the life of the loan: $192,745.91
Buy more home today than yesterday. Contact me today to find out more about these rates and loan programs. 801-792-5040
If you have a steady job and decent credit, you may be a home owner before the end of the year.
As has previously been mentioned, zoomUTAH has partnered with KUTV (CBS affiliate in Utah) to bring you the latest Real Estate market news. KUTV will be running a zoomUTAH commercial on Channel 2 during the holiday season. For those of you that are interested, here is the commercial.