Owning your own home has great advantages and savings. A new manufactured home can provide significant savings over the years versus renting. Leasing out extra space or bedrooms in your home to friends can be BIG SAVINGS! Look at our homes and links to financing options.
Estimated Costs
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Owning
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Renting
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2006 Mobile Home, 3br/2bth
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Apartment, 3br/2bth
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Monthly Payment
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$206.94
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$850.00
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Lot Rent
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$200.00
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$0.00
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Insurance
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$34.00
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$0.00
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Taxes
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$16.64
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$0.00
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Total Costs Per Month
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$432.58
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$850.00
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Potential rent from other 2 bedrooms
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$400.00
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$566.67
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Cost of Living to Owner
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$32.58
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$283.33
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Aproximate Savings
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$250.76
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Financing a Home is Easy
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Sales Price of Mobile Home
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$27,000
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Down Payment
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$4,000
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Loan
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$23,000
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Interest Rate
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9.00%
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Loan Term (Years)
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20
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Monthly Payment
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$206.94
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Apartment comparison for 3 bedroom/3 bath
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