[:en]Equity Matters A LOT… Just Ask Freddie Mac[:es]La plusvalía de la casa es importante… solamente pregúntele a Freddie Mac[:]

Equity Matters A LOT... Just Ask Freddie Mac | Simplifying The Market
[:en]There are many reasons, both financial and non-financial, that homeownership remains an important part of the American Dream. One of the biggest reasons is the fact that it helps build family wealth. Recently, Freddie Mac wrote about the power of home equity. They explained:

“In the simplest terms, equity is the difference between how much your home is worth and how much you owe on your mortgage. You build equity by paying down your mortgage over time and through your home’s appreciation. In a nutshell, your money is working for you and contributing toward your financial future.”

They went on to show an example where a person bought a home for $150,000 with a down payment of 10% ($15K), resulting in a loan amount of $135,000. The buyer secured a 30-year fixed-rate mortgage at 4.5% with a monthly mortgage payment of $684.03 (not including taxes and insurance).

The chart below demonstrates the home equity built after 7 years of making mortgage payments and assuming the historic national average of 3% per year home appreciation:

Home Equity | Simplifying The Market

And that number continues to build as you continue to own the home.

Merrill Lynch published a report earlier this year that showed the average equity homeowners have acquired by certain ages.

Average Home Equity | Simplifying The Market

Bottom Line

Home equity is important to building wealth as a family. Referring to the first scenario above, Freddie Mac explained:

“Now, if you continued to rent, and made the same payment of $684.03 per month, you’d have zero equity and no means to build it. Building equity is a critical part of homeownership and can help you create financial stability.”

Put your housing cost to work for you and your family. Let’s get together to explore your options.[:es]Hay muchas razones, financieras y no financieras, por las que el ser propietario de casa sigue siendo una parte importante del sueño americano. Una de las razones principales es el hecho que ayuda a crear patrimonio familiar. Recientemente, Freddie Mac publicó sobre el poder de la plusvalía de la casa. Ellos explicaron:

“En los términos más simples, la plusvalía de la casa es la diferencia entre cuánto vale su casa y cuánto usted debe en su hipoteca. Usted crea patrimonio al ir pagando su hipoteca durante el tiempo y a través de la apreciación de su casa. En pocas palabras, su dinero está trabajando por usted y contribuyendo hacia su futuro financiero”.

Ellos continuaron mostrando un ejemplo donde una persona que compró una casa por $150,000 con una cuota inicial de 10 %($15K), resultando en un préstamo por la cantidad de $135,000. El comprador aseguro una tasa hipotecaria fija a 30 años al 4.5 % con un pago mensual de $684.03 (sin incluir los impuestos y el seguro).

La tabla a continuación muestra la plusvalía de la casa después de siete años de hacer pagos a la hipoteca y suponiendo una apreciación de 3 % por año (el promedio nacional histórico):

Plusvalia de la casa | Simplifying The Market

Y ese número continúa creciendo mientras usted sea el propietario de la casa.

Merrill Lynch publicó un informe a comienzo de este año que mostraba el promedio de la plusvalía que los propietarios de casa adquieren en ciertas edades.

Promedio de la plusvalía de la propiedad | Simplifying The Market

En conclusión

La plusvalía de la casa es importante para crear patrimonio como familia. Refiriéndose al primer escenario, Freddie Mac Explicó:

“Ahora, Si usted continúa alquilando, y hace el mismo pago de $684.03 por mes, usted tiene cero patrimonio y ningún medio para crearlo. Crear patrimonio es una parte crítica de ser propietario de casa y puede ayudar a crear estabilidad financiera”.

Ponga el costo de su vivienda a trabajar por usted y su familia. Reunámonos hoy para explorar sus opciones. [:]

[:en]Equity Matters A LOT… Just Ask Freddie Mac[:es]La plusvalía de la casa es importante… solamente pregúntele a Freddie Mac[:]

Equity Matters A LOT... Just Ask Freddie Mac | Simplifying The Market

[:en]There are many reasons, both financial and non-financial, that homeownership remains an important part of the American Dream. One of the biggest reasons is the fact that it helps build family wealth. Recently, Freddie Mac wrote about the power of home equity. They explained: “In the simplest terms, equity is the difference between how much ...

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[:en]Equity Matters A LOT… Just Ask Freddie Mac[:es]La plusvalía de la casa es importante… solamente pregúntele a Freddie Mac[:]

Equity Matters A LOT... Just Ask Freddie Mac | Simplifying The Market

[:en]There are many reasons, both financial and non-financial, that homeownership remains an important part of the American Dream. One of the biggest reasons is the fact that it helps build family wealth. Recently, Freddie Mac wrote about the power of home equity. They explained:

“In the simplest terms, equity is the difference between how much your home is worth and how much you owe on your mortgage. You build equity by paying down your mortgage over time and through your home's appreciation. In a nutshell, your money is working for you and contributing toward your financial future.”

They went on to show an example where a person bought a home for $150,000 with a down payment of 10% ($15K), resulting in a loan amount of $135,000. The buyer secured a 30-year fixed-rate mortgage at 4.5% with a monthly mortgage payment of $684.03 (not including taxes and insurance).

The chart below demonstrates the home equity built after 7 years of making mortgage payments and assuming the historic national average of 3% per year home appreciation:

Home Equity | Simplifying The Market

And that number continues to build as you continue to own the home.

Merrill Lynch published a report earlier this year that showed the average equity homeowners have acquired by certain ages.

Average Home Equity | Simplifying The Market

Bottom Line

Home equity is important to building wealth as a family. Referring to the first scenario above, Freddie Mac explained:

“Now, if you continued to rent, and made the same payment of $684.03 per month, you'd have zero equity and no means to build it. Building equity is a critical part of homeownership and can help you create financial stability.”

Put your housing cost to work for you and your family. Let's get together to explore your options.[:es]Hay muchas razones, financieras y no financieras, por las que el ser propietario de casa sigue siendo una parte importante del sueño americano. Una de las razones principales es el hecho que ayuda a crear patrimonio familiar. Recientemente, Freddie Mac publicó sobre el poder de la plusvalía de la casa. Ellos explicaron:

“En los términos más simples, la plusvalía de la casa es la diferencia entre cuánto vale su casa y cuánto usted debe en su hipoteca. Usted crea patrimonio al ir pagando su hipoteca durante el tiempo y a través de la apreciación de su casa. En pocas palabras, su dinero está trabajando por usted y contribuyendo hacia su futuro financiero”.

Ellos continuaron mostrando un ejemplo donde una persona que compró una casa por $150,000 con una cuota inicial de 10 %($15K), resultando en un préstamo por la cantidad de $135,000. El comprador aseguro una tasa hipotecaria fija a 30 años al 4.5 % con un pago mensual de $684.03 (sin incluir los impuestos y el seguro).

La tabla a continuación muestra la plusvalía de la casa después de siete años de hacer pagos a la hipoteca y suponiendo una apreciación de 3 % por año (el promedio nacional histórico):

Plusvalia de la casa | Simplifying The Market

Y ese número continúa creciendo mientras usted sea el propietario de la casa.

Merrill Lynch publicó un informe a comienzo de este año que mostraba el promedio de la plusvalía que los propietarios de casa adquieren en ciertas edades.

Promedio de la plusvalía de la propiedad | Simplifying The Market

En conclusión

La plusvalía de la casa es importante para crear patrimonio como familia. Refiriéndose al primer escenario, Freddie Mac Explicó:

“Ahora, Si usted continúa alquilando, y hace el mismo pago de $684.03 por mes, usted tiene cero patrimonio y ningún medio para crearlo. Crear patrimonio es una parte crítica de ser propietario de casa y puede ayudar a crear estabilidad financiera”.

Ponga el costo de su vivienda a trabajar por usted y su familia. Reunámonos hoy para explorar sus opciones. [:]

[:en]Equity Matters A LOT… Just Ask Freddie Mac[:es]La plusvalía de la casa es importante… solamente pregúntele a Freddie Mac[:]

Equity Matters A LOT... Just Ask Freddie Mac | Simplifying The Market

[:en]There are many reasons, both financial and non-financial, that homeownership remains an important part of the American Dream. One of the biggest reasons is the fact that it helps build family wealth. Recently, Freddie Mac wrote about the power of home equity. They explained: “In the simplest terms, equity is the difference between how much ...

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