You Found THE Perfect Home… But There’s a Plot Twist! 🏡

Imagine this: You’ve spent weeks, maybe even months, searching for your dream home. You’ve scrolled through endless listings, toured open houses, and finally—you’ve found the one. It checks all your boxes: location, style, space… everything!

But there’s just one little problem. There’s a plot twist—and it’s a big one.

You’ve got two choices—but which one do you pick?

🅰️ Option A:
$150,000 off the purchase price
7.5% interest rate

🅱️ Option B:
Full price
4.5% interest rate
Are you team “Save now, pay more later” or “Lock in a lower rate”? 🤔💭

Breaking It Down: The Real Cost of Both Options
Let’s take a closer look at both scenarios.

💰 Option A: Save Upfront, Pay More Over Time
If you choose the $150K discount with a 7.5% interest rate, it might feel like you’re snagging a great deal up front. Who doesn’t love a price cut? But here’s the catch—higher interest rates mean higher monthly payments and more interest paid over the life of the loan.

For a $500,000 home reduced to $350,000 at 7.5% interest:

Monthly Payment: Around $2,447 (principal and interest)
Total Interest Paid Over 30 Years: About $530,920

🏦 Option B: Pay Full Price, Lock in a Lower Rate
Going with the full price of $500,000 but a 4.5% interest rate means you’re not seeing that jaw-dropping discount, but your monthly payments will be significantly lower.

Monthly Payment: Around $2,533 (principal and interest)
Total Interest Paid Over 30 Years: About $413,000

What’s the Bottom Line?
While Option A might seem tempting with that $150K discount, you end up paying over $100K more in interest over the life of the loan compared to Option B. Plus, that higher monthly payment could impact your budget and lifestyle.

What About Refinancing Later?
You might be thinking, “I’ll take Option A and just refinance when rates drop!” Sure, that’s a possibility. But remember—refinancing isn’t guaranteed. It depends on market conditions, your credit profile, and home value.

So, Which Team Are You On?
💸 Team Save Now, Pay More Later (Option A)
🔒 Team Lock In the Lower Rate (Option B)

Comment “SAVE” if you’re all about the discount or “RATE” if you’re locking in the lower interest!

And if you’re stuck deciding, let’s chat! We’ll break down your unique situation and find the best fit. Drop “GUIDE” below, and I’ll send you a free consultation to help you navigate the market. 💬

Choosing the right mortgage option doesn’t have to be a gamble! Reach out today to get personalized advice and make a confident decision.