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AND WHO IS PAYING for the like for LAST 2 DECADES??..

!??

DID (YOU) AMERICAN CITIZENS FOR THIS??

!!

300,000 residential home
6.0% Interest Rate

+ 25 basis points INCREASE March 17, 2022

Monthly Pay: $1,847.15 @ 6.0%
Monthly Pay: $1,798.65 @ 6.25%

------------------------

$49.05 Monthly payment increase @ 6.25%

______________________________

300,000 residential home
6.25% Interest Rate

+ 50 basis points INCREASE May 5, 2022

Monthly Pay: $1,945.79 @ 6.75%
Monthly Pay: $1,847.15 @ 6.25%
------------------------

$98.64 Monthly payment increase @ 6.75%

______________________________

300,000 residential home
6.75% Interest Rate

+ 75 basis points INCREASE June 16, 2022

Monthly Pay: $2,097.64 @ 7.50%
Monthly Pay: $1,945.79 @ 6.75%

------------------------

$151.85 Monthly payment increase @ 7.50%

______________________________

300,000 residential home
7.50 Interest Rate

+ 75 basis points INCREASE July 27, 2022

Monthly Pay: $2,253.80 @ 8.25%
Monthly Pay: $2,097.64 @ 7.50%

------------------------

$156.18 Monthly payment increase @ 8.25%

_____________________________

300,000 residential home
7.50 Interest Rate

+ 75 basis pionts INCREASE SEPT 21, 2022

Monthly Pay: $2,413.87 @ 9.00%
Monthly Pay: $2,253.80 @ 8.25%

------------------------
$160.07 Monthly payment increase @ 9.00

______________________________

AVERAGE accumulative monthly mortgage payment increases??

* $49.05 Monthly payment increase March 17, 2022

* $98.64 Monthly payment increase May 5, 2022

*$151.85 Monthly payment increase June 16, 2022

* $156.18 Monthly payment increase @ 8.25 JuLY 27, 2022

* $160.07 Monthly payment increase @ 9.00 SEPT 21, 2022

_______________________

SUMMARY

Monthly payment increase @ 9.00% SINCE MARCH 17, 2022

On a 300K Residential home you monthly mortgage payment has increased from $1,847.15 @ 6.0% TO Monthly Pay:$2,413.87 @ 9.00% WHICH EQUALS $160.07

IF YOU OWN A HOME THATS COST 600k ($160.07 X 2) = $320.14 per month INCREASE??

OR ?? considering the RISE in Food, Gas PRICES, Medical Expenses, Day Care PRICES and the list goes on...

BUT CANNOT MISS BY COMPANIES @ 30% INTERESTS RATES (EG NEEDS TO BE RENAMED TO ! ON THE PLANET!)

calculator.net/amortization-ca

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