Kevin LawrenceSenior Loan Consultant
NMLS ID #840393Full Application
"Let Kevin get you home!"
Kevin’s effusive energy, passion and attention to detail comprise the effective formula that has made his career as a loan specialist thrive since 2003. Helping people improve their financial position through their mortgage or achieve their dream of home-ownership is the motivation that fuels Kevin’s drive to excel. Whether one is looking to purchase a new home or refinance a current mortgage, Kevin will simplify and clearly explain all aspects of the process, and make closing as easy as possible.
Experienced and Professional
Direct: (973) 574-1144
Licensed States: NJ
FM HOME LOANS - RUTHERFORD BRANCH
301 Route 17 North
Rutherford, NJ 07070
Rent Vs. Own
Compare the estimated costs of buying vs. renting a home.
|Home Purchase Price:|
|Mortgage Interest Rate:|
|Should you rent or own?|
|Average monthly payment increase if owning:|
|Estimated total gain over 7 years if owning:|
|Initial Rent Payment|
|PMI (Mortgage Insurance)|
|Before Tax Monthly Payment|
|Annual Home Maintenance|
|Total Payments Over 7 Years|
|Total Tax Savings Over 7 Years|
|Average After Tax Monthly Payment|
|Estimated Home Selling Price|
|Estimated Cost to Sell|
|Down Payment & Initial Closing Costs With Unearned Interest|
|Investment Gain of Owning vs. Renting|
|Total Payment Savings of Owning vs. Renting|
|Total Payment Savings of Renting vs. Owning|
The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.