One Day My Renting Life Will Be Over. ONE Day Is NOW.
Think you can't afford a new home? Let's take a closer look.
Nearly all of us pay a monthly housing payment. Some pay a landlord, others pay a mortgage company. In both cases that payment is building equity in the place where you live. The question is, whose equity are you building? Equity for you and your family, or for your landlord?
Doesn't it make sense to explore the option of owning your own new home? You may be surprised at the affordability.
Many renters think that they just can't afford a new home. And they are pleasantly surprised to find that a house payment is very comparable to their monthly rent, when considering the after tax equivalent. Most of a new house payment is made up of mortgage interest and real estate taxes (up to 90% of the monthly payment is some cases).
Since these are tax deductible, the actual cost of the after tax equivalent mortgage payment is much less than you think. The exact amount is determined by your specific tax situation.
|Adj. Gross Income||$90,000|
|After Tax Equivalent||$2,336|
Sample Information to show how
affordable a New Shea Home can be
Shea Homes® Southern California is excited to announce that our newest neighborhood, Padova at the Groves, will soon be opening in the stunning community of Orchard Hills in Irvine! This luxurious array of homes will offer 4 to 5 bedroom residences, with 4.5 to 5.5 bathrooms and approximately 2,898-3,474 square feet of living space. If […]Mar 20 at 11:23 PM • Shea Blog