wealth creation Archives | Choice One Mortgage

What Is the #1 Financial Benefit of Homeownership? Wealth Creation.

There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation.

Purchase price

Please enter here the amount you expect to pay for a home.

Down payment

Down payment is cash that you pay upfront for your home.

Term in years

Number of years you have to pay.

year(s)

Interest rate (per year)

The percentage of interest that you will pay on your mortgage for a specific term.

Property Tax

Enter your property tax here if you know it.

per year

Home Insurance

Most lenders require home insurance. Enter its price here.

per year

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