We Sell Recreation, We Sell Lifestyle, We Sell Fun!
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The Fun Group
The Fun Group - Recreational Real Estate Experts 
The Fun Group

Can I Afford A Recreational Property?


 


First home, second home, hunting land, resort or campground, if you can't pay cash, then borrowing the money is the next alternative.  Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying. 

The renting vs. buying aspect could be used to determine whether you should buy a vacation property vs. taking a vacation each year.  If this calculation is used, here are some additional suggestions to add into your calculation; cost of airfare, cost of campgroup fees, cost of hotel, cost of timeshare, cost of travel trailer, cost of trailer plates, cost of gas, basically the cost to take your vacation. 

Complete the fields below and click Calculate Now. To view the results of each calculation, click on the various tabs.  To email yourself a copy of the results, click the Receive this Detailed Analysis link.

 
Required
Term In Years:     
Interest Rate:      %
Cost of Home:  $
Down Payment:  $
Annual Insurance:  $
0.43%of Cost
Annual Property Tax:  $
1.2%of Cost
Monthly Income:  $
Monthly Debt:  $
Optional
Gross Debt Service Ratio (GDS):     
Total Debt Service Ratio (TDS):     
Condos Fees:  $

Results
  Receive this Detailed Analysis


Mortgage   Qualification   Affordability   Rent vs Buy    

Your Monthly Payments
 
Loan Amount:    
Loan Insurance ( %):
Total Loan(Mortgage) Amount:
 
Principal & Interest:    
Homeowners Insurance:    
Property Taxes:    
Condo Fees:    
Monthly Loan Insurance (%):    
Total Monthly Payment:    
 


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