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New amortization period rules! 🏡 Here’s what it means for YOU as a homebuyer : . 👉 Lower monthly payments 👉 Increased cash flow 👉 Potential to qualify for more . Let’s break it down: . 💰 Purchase Price: $550K 💵 Down Payment: 10% ($55K) 🏦 Mortgage: $495K @ 4.2% . 1️⃣ 25-Year Amortization: $2,740/month 2️⃣ 30-Year Amortization: $2,490/month . ✨ That’s $250/month in SAVINGS! ✨ . 💡 But remember: Longer terms mean more interest over time. So, what’s your goal? Increased flexibility now or sav
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