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Since building your own home is a major investment wouldn’t it be nice if you knew your monthly payment was going be to much lower?

In most cases the “instant equity” you have generated in your home during the construction process is enough to eliminate the need for mortgage insurance saving you hundreds of dollars each month.

Consider Randy and Emily’ monthly payment.  Under the Instant Equity example it was shown that their mortgage would be much less than the Anderson’s.  See below why that makes such a financial difference each month.
 

 

Randy & Emily

Andersons

Principal & Interest

$1232.53

$1561.08

Tax & Insurance

$286.46

$286.46

Mortgage Insurance

0

$214.07

Total Payment

$1518.99

$2064.61

Monthly Savings:
$545.62

 

 

 
 

American PolySteel, LLC, a division of Fox Blocks: (877) 369-2562

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PolySteel is a registered trademark of Airlite Plastics Co. - Omaha, Nebraska

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