Multigenerational Homes are designed for multiple generations of one family to live together, yet independently within the same home. Also, these homes can be used as an income generating suit.

Option 1: Home buyer Live in main floor and rent lower level

Home Price: $700,000

Downpayment: 20 %

Mortgage Amount: $560,000

Interest Rate: %5.6

Rental Income: $1,400

Monthly Mortgage Payment: 3,192.20 – Rental Income= $1,792.2

Option 2: Home buyer rent main floor and live in lower level

Home Price: $700,000

Downpayment: 20 %

Mortgage Amount: $560,000

Interest Rate: %5.6

Rental Income: $2,550

Monthly Mortgage Payment: 3,192.20 – Rental Income= $642.2

Option 3: Home buyer Live in main floor and lower level

Home Price: $700,000

Downpayment: 20 %

Mortgage Amount: $560,000

Interest Rate: %5.6

Rental Income: $0

Monthly Mortgage Payment: 3,192.20

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