I am totally focused
on my client's needs,
and I work to realize
their dreams as if they
were my own.
on my client's needs,
and I work to realize
their dreams as if they
were my own.
Information for Buyers
My Mission as your agent:
I care about my clients and if I can go that extra mile to make them happy, I
would do it without hesitation. I can find the perfect home for even the most
discriminating buyer. Whether your dream home is a waterfront home, a
condo by the lake, a golf course home, a traditional home, or a starter home,
I will search for as long as it takes to find your dream home. I will make your
home buying experience hassle-free.
I care about my clients and if I can go that extra mile to make them happy, I
would do it without hesitation. I can find the perfect home for even the most
discriminating buyer. Whether your dream home is a waterfront home, a
condo by the lake, a golf course home, a traditional home, or a starter home,
I will search for as long as it takes to find your dream home. I will make your
home buying experience hassle-free.
Buyers:
CONTACT
ME
ME
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Max Thomas
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This calculator will allow you to
estimate your payment for
different loan amounts, interest
rates, and amortization terms.
estimate your payment for
different loan amounts, interest
rates, and amortization terms.
Choices That Will Affect Your Loan
Mortgage term. Mortgages are generally available at 15-, 20-, or 30-year
terms. The longer the term, the lower the monthly payment if the same
amount is borrowed. However, you pay more interest overall if you borrow
for a longer term.
Fixed or adjustable interest rates. A fixed rate allows you to lock in a low rate
for as long as you hold the mortgage and is usually a good choice if interest
rates are low. An adjustable-rate mortgage (ARM) is designed so that interest
rates will rise as interest rates increase; however they usually offer a lower
rate in the first years of the mortgage. ARMs also usually have a limit as to
how much the interest rate can be increased and how frequently they can be
raised. ARMs are a good choice when interest rates are high or when you
expect your income to grow significantly in the coming years.
Balloon mortgages. Balloon mortgages offer very low interest rates for a short
period of time—often three to seven years. Payments usually cover only the
interest, so the principal owed is not reduced. However, this type of loan may
be a good choice if you think you will sell your home in a few years.
Government-backed loans. Government-backed loans, sponsored by agencies
such as the Federal Housing Administration www.fha.gov or the U.S.
Department of Veterans Affairs www.va.gov, offer special terms, including
lower down payments or reduced interest rates—to qualified buyers.
Mortgage term. Mortgages are generally available at 15-, 20-, or 30-year
terms. The longer the term, the lower the monthly payment if the same
amount is borrowed. However, you pay more interest overall if you borrow
for a longer term.
Fixed or adjustable interest rates. A fixed rate allows you to lock in a low rate
for as long as you hold the mortgage and is usually a good choice if interest
rates are low. An adjustable-rate mortgage (ARM) is designed so that interest
rates will rise as interest rates increase; however they usually offer a lower
rate in the first years of the mortgage. ARMs also usually have a limit as to
how much the interest rate can be increased and how frequently they can be
raised. ARMs are a good choice when interest rates are high or when you
expect your income to grow significantly in the coming years.
Balloon mortgages. Balloon mortgages offer very low interest rates for a short
period of time—often three to seven years. Payments usually cover only the
interest, so the principal owed is not reduced. However, this type of loan may
be a good choice if you think you will sell your home in a few years.
Government-backed loans. Government-backed loans, sponsored by agencies
such as the Federal Housing Administration www.fha.gov or the U.S.
Department of Veterans Affairs www.va.gov, offer special terms, including
lower down payments or reduced interest rates—to qualified buyers.
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