What can a .5, 1, 2 point(s) do to my house payment?

This chart lets you know exactly what could happen:

 

Example: At 5%, I can afford at $200,000 loan at $1074 a month.  Will I still be able to afford it at 6.5% at $1264 a month? 

Suzi Noyes

William E. Wood and Associates

www.724-1064.com