Sentences with phrase «maximum home purchase price»

Then, using your desired payment as the starting point, use a mortgage calculator to work backwards in order to find your maximum home purchase price.

In part, this is because mortgage lenders determine your maximum home purchase price differently from how you might calculate it yourself via a mortgage calculator.

(1) You can use it to find the monthly mortgage payment of a home, given current mortgage rates and a specific home purchase price; (2) You can use it to find your maximum home purchase price given your annual household income; and (3) You can use it to determine your maximum home purchase price given a specific monthly budget for housing.

The maximum home purchase price and the current interest rate that you qualify for will also be found in the pre-approval letter.

When your bank tells you your maximum home purchase price, do the math and see if you're comfortable taking on a mortgage that size.

When you ask a bank to calculate your maximum home purchase price, the bank will give very little consideration to your existing home hunt, or any properties on which you've considered making an offer.

In part, this is because mortgage lenders determine your maximum home purchase price differently from how you might calculate it yourself via a mortgage calculator.

(1) You can use it to find the monthly mortgage payment of a home, given current mortgage rates and a specific home purchase price; (2) You can use it to find your maximum home purchase price given your annual household income; and (3) You can use it to determine your maximum home purchase price given a specific monthly budget for housing.

Not exact matches

Beginning in January, the Home Owner Mortgage and Equity (HOME) Partnership Program will lend buyers pre-approved for an insured mortgage 5 % of the purchase price (to a maximum of $ 37,500) for 25 years, with no interest or payments during the first five yeHome Owner Mortgage and Equity (HOME) Partnership Program will lend buyers pre-approved for an insured mortgage 5 % of the purchase price (to a maximum of $ 37,500) for 25 years, with no interest or payments during the first five yeHOME) Partnership Program will lend buyers pre-approved for an insured mortgage 5 % of the purchase price (to a maximum of $ 37,500) for 25 years, with no interest or payments during the first five years.

Maximum household income and purchase price limits vary by county, household size and type of home.

Of course, I might not qualify for the maximum $ 8,000 amount — that would depend on the purchase price of the home I bought.

Down payment assistance loan of the greater of $ 3000 or three percent of the home purchase price up to a maximum of $ 15,000, with no additional fees;

2 Columbia Bank $ 475 Low Fee Home Purchase Program limited to purchase money mortgages with a maximum sales price of $ Purchase Program limited to purchase money mortgages with a maximum sales price of $ purchase money mortgages with a maximum sales price of $ 999,999.

A 25 - year amortization period (the maximum allowed on home purchases with down payments of less than 20 % of the purchase price)

The home has to meet a certain maximum purchase price, and you may not have lived in the home before you buy it.

A minimum down payment of 5 % is required to purchase a home, subject to certain maximum price restrictions.

The Housing Assistance Tax Act of 2008, which was signed into law by then - President George W. Bush, offered first - time home buyers a tax credit for purchases equal to 10 % of the purchase price (up to a maximum of $ 7,500).

With this type of loan, the lender gives you credit towards the expected higher value of the home based on your improvements, to a maximum of 10 % of your purchase price.

The tax credit is equal to 10 % of the home's purchase price (priced at $ 800,000 or less), up to a maximum of $ 8,000.

The idea behind a bidding war is to attract competing potential buyers with enough interest that they'll increase their maximum purchase price and, ultimately, raise the final sale price for that home.

Another benefit of being a First Time Home Buyer in BC is that you will be fully exempt from the Property Purchase Transfer Tax up to a maximum purchase price of $ Purchase Transfer Tax up to a maximum purchase price of $ purchase price of $ 475,000.

In case you missed it: The B.C government will offer a subsidized loan to any first - time home buyer that can match the interest - free loan (for the first five years), up to maximum of $ 37,500 or 5 % of the home's purchase price.

The maximum credit for 2008 purchases is the lesser of $ 7,500 or 10 % of the home purchase price; the maximum credit for purchases in 2009 and 2010 is the lesser of $ 8,000 or 10 % of the purchase price (the credit amount is halved for a buyer who uses married filing separate status).

The FTHB Program provides down payment assistance in the form of a loan, the maximum amount of which may not exceed the lesser of the maximum HOME subsidy limit, 20 percent of the purchase price, or the amount needed as determined by underwriting criteria.

The federal credit: The federal credit is 10 percent of the purchase price, up to a maximum credit of $ 8,000 for first - time home buyers or $ 6,500 for longtime homeowners who buy a replacement home.

Maximum purchase price is $ 300,000 and is eligible for single family homes, condos and townhomes.

However, at a 4.4 % mortgage rate, the typical homebuyer needs to search for homes with a maximum purchase price of $ 847,700 to continue paying $ 3,820.

To receive the maximum amount offered of $ 24,000, the sale price of the home sold or purchased must be $ 4 million or more.

There isn't any maximum purchase price, and home buyers may purchase a variety of property types, including existing homes, new construction, modular homes, planned unit developments (PUD's), eligible condominiums and new manufactured homes.

For the provincial portion of the HST, new home buyers can apply for a 75 % rebate applicable to the purchase price to a maximum of $ 24,000.

New home buyers can apply for a 36 % rebate on the federal portion of the HST of the purchase price to a maximum of $ 6,300 for homes costing $ 350,000 or less.