LOW Mortgage Rates!

With historically low mortgage rates available now, you're able to save BIG money on your mortgage loan, or buy more home than you could in the past for the same dollars.  It's a great time to buy a home.  Don't procrastinate, get started now.

Call or email Mel Coker to buy a home in the Greater Columbia (S.C.) area.
Office:  (803) 223-6214
email
Columbia, SC real estate website
Columbia, SC MLS Search

Interest rates today are at 4.0% (or lower) for a fixed rate 30 year mortgage.  Visit my mortgage professionals page to contact a Columbia area mortgage professional:
www.ColumbiaSouthCarolina.com/homes/mortgage.html

Savings Example:  (these LOW rates can save you BIG money)
$150,000 mortgage amount with 30 year fixed mortgage at 4.0%
$716.12 monthly (principal and interest only PI)
Back in late 2008, this mortgage would have been at 6.0%
$899.33 monthly (P&I only)
Monthly savings = $183.21
Savings over 30 years = $65,956

Mortgage rate (30 year fixed) Since January 2007
from www.Bankrate.com

Reproduced with the permission of Mortgage-X.com

Mel Coker
Columbia, SC Realtor
RE/MAX Metro Associates

Home Buying Time in Columbia, SC

NOW is the time to BUY:  Really Low Mortgage Rates are Available

Mortgage interest rates are below 5%!  In fact, the other day I called and found a 30 year fixed rate at 4.5%.  Here are some numbers to show how significant savings can be with the current really low mortgage rates, assuming a $150,000 mortgage for 30 years:

6% mortgage - historically a low/competive mortgage rate.
Per month for principal and interest = $899.33 per month

4.5% mortgage -  A GREAT rate in June 2010!
Per month for principal and interest = $760.03 per month

The Savings:
SAVE $139.30 per month (a savings of 15.4% per month)
SAVE $50,148 over the 30 year mortgage

CLICK HERE: Mel's Recommended Mortgage Professionals in Columbia, SC

When you are ready to buy a home in Columbia, South Carolina (including Irmo, Chapin, Lexington, Lake Murray, Northeast Columbia, Southeast Columbia), be sure to call Mel Coker.

Call Mel Coker at (803) 388-8011.

Mel Coker
Realtor, CRS, ABR, GRI, e-PRO
http://www.melcoker.com/