Iron Horse Lofts | Financing

Click Here to see how Interest Rate cuts increase your purchasing power

In today's real estate market the cost of buying a home may be cheaper than you think!
Illustrated below are two examples of how to afford a new home:

Advantages of Buying

PRICE	$395,000	$450,000
Deposit %	20% down	20% down
Mortgage Amount	$316,000	$360,000
Principal & Interest (@ 6.75%) *	$2,050	$2335
Real Estate Taxes (approx. 1.025% p/a)	$411	$469
HOA dues (approx.)	$252	$252
Total Monthly Payment:	$2,713	$3056
Estimated Tax Savings: **	$766	$873
Effective Monthly Housing Cost:	$1,947	$2183
Approximate Monthly Rental Cost ***	$2000	$2200

* information is based on an 80% mortgages at 6.75% interest rate,
amortized over 30 years

** 35% tax bracket

*** Monthly rental figures are approximate rates for 2 and 3 bedroom rentals in Walnut Creek

This sample is for illustration only. Figures are approximate and can change at any time. Please consult your accountant for specific individual information.

Iron Horse Lofts has chosen San Francisco Funding as its preferred lender. Visit www.sffunding.com for more information on how to get pre-approved for your new loft home.

WEBSITE DISCLAIMER:
The information contained in this website is a general description of the Iron Horse Lofts
and represent the intent of the developer at the time of release. In a continuing effort to
improve Iron Horse Lofts, the developer reserves the right to make modifications in, but not
limited to, materials; specifications; pricing; plans; design; scheduling; and delivery of
lofts without prior notice. Thank you.