How To Turn $9,000 Into $85,115 In Just 5 Years

How To Turn $9,000 Into $85,115 In Just 5 Years

Posted by Brian Burke on Saturday, October 29th, 2016 at 10:06am.

How To Turn $9,000 Into $85,115 In Just 5 Years Just Buying a Denver Area Home. 

Denver Mortgages Gain EquityBuying a Denver area home is a smart decision for your future. Here’s how you can potentially turn $9,000 into $85,115 in just 5 years? Kenna Real Estate's Loan Advisor Shawn Janusheske explains.

The Denver home market is appreciating at over 11% right now.  But if we take a conservative approach and use just 3% appreciation.  Here’s what can happen. Imagine what 11% looks like!

On a 300,000 home purchase, qualified homebuyers can put just $9,000 as down payment. 

In just 5 years that $300,000 home purchase would have appreciated in value to $347,728.

Plus the loan that started out at $291,000, after making 60 payments would have a remaining balance of $262,677.

So let’s look at the numbers.

$347,728  Appreciated Home Value

 -$262,677  Remaining Loan Balance

$85,115  Equity!

 A $9,000 down payment was turned into $85,115.  How incredible is that?

  

 Here is a link to a spreadsheet that shows a $300k purchase, 3% down over 5 &10 Years.  Click Here

 That can potentially happen.  By the way, according to homebot.com 82% wealth comes from homeownership.

 Want a spreadsheet with your purchase price ranges, down payment and different loan types?  Fill out the simple form and with 24-48 hours a spreadsheet will be sent to you at no cost or obligation.

“Get A Good Mortgage For Your Purchase!!!  FREE, NO-Obligation Mortgage Spreadsheet Form

Yes Shawn, I am curious.  I would like for you to put together a spreadsheet for a possible home purchase  that I can compare on my own time.    I understand I don’t have to talk to you on the phone and there is no    cost or obligation for any of this.  I can fax, email, mail, call it in or go to your website and within 24 to 48 hours I’ll receive your mortgage spreadsheet by email and US mail.  I am also responding in time for the free gift you are offering me.  Please send that as well.

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First Name *

 

Last Name *

 

Street *

 

City *

 

State *

 

Zip *

 

Email *

 

Approximate purchase price? *

 

Down payment amount? *

 

What payment is acceptable? *

 

How long do you plan to stay in the home for? *

 

How would you rate your credit? *

 

Are you a first time homebuyer? *

 

Anything you’d like to see happen? *

 

 





I am here to help if you have questions?  Call Shawn at 720-988-5404 or zap back an email.

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Brian Burke | Broker | ePRO | Expert   | 303.955.4220 Office | 303.710.2609 Direct |  Brian@kennarealestate.com

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