07/11/2024
You’ve probably heard this a bunch. I heard Dave Ramsey say it the other day. Here is some context to help paint the picture…
➡️ If you’re in the position to buy your first home, the analysis suggests it’s worth looking into, even though it might be challenging upfront.
✅ You’ll gain equity in two ways: paying off principal and home appreciation (assuming home values continue to rise).
💰The savings do not outweigh this gain. When rates drop, you can always explore refinancing anyway!
📲 If you’d like to discuss this further, shoot me a text!
For help with your financials, consult a trusted advisor or lender.