Atlas
Mobile Home Directory
If you are paying rent, you are contributing to your landlords wealth, not your own! You may say “But I only pay 350.00 a month rent”. Well, let’s see how much money you are giving to someone else.
|
Monthly rent |
One year |
Two years |
Three years |
Four years |
Five years |
|
$250 |
$3,000 |
$6,000 |
$9,000 |
$12,000 |
$15,000 |
|
$350 |
$4,200 |
$8,400 |
$12,600 |
$16,800 |
$21,000 |
|
$400 |
$4,800 |
$9,600 |
$14,400 |
$19,200 |
$24,000 |
|
$450 |
$5,400 |
$10,800 |
$16,200 |
$21,600 |
$27,000 |
|
$500 |
$6,000 |
$12,000 |
$18,000 |
$24,000 |
$30,000 |
|
$550 |
$6,600 |
$13,200 |
$19,800 |
$26,400 |
$33,000 |
|
$600 |
$7,200 |
$14,400 |
$21,600 |
$28,800 |
$36,000 |
Wow, It doesn’t take long before you give someone else a ton of money!
Today there are many financial institutions available depending on what type of credit you have, if you have had credit problems in the past you have to rebuild your credit.
Even if it is using a secured visa to rebuild your credit. You need to show that you can make monthly payments on time!
There are so many programs out there to assist first time home buyers. Some state agencies even assist you with a down payment. Your land and home will increase in value as the years pass.
Atlas
Mobile Home
Directory
4413 Dewberry Rd. Wilmington, NC 28405
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