Reasons to Finance Rather Than Pay Cash For Your Retirement Condo

Are you thinking about how to afford your retirement home? 

For your retirement investment consider financing as mortgage rates are the lowest they have been in more than 50 years.  These historical low interest rates mean that you can live in and retire in an affordable luxury oceanfront condominium with a 30-year in house mortgage with Lost Baja Discovered. Contact us now to learn how you can retire in Mexico 90% less than north of the border.

Buy on time and invest the rest!

Historical Mortgage Interest Rate Graph

1. Both fixed and variable Mortgage Rates for the last 30 years have been trending downward and currently are close to their historical lows.

2. You only put down 20% of the purchase price, thereby keeping the other 80% available for other investments and money-earning options.

3. The monthly mortgage is a tax deduction and if you claim your new condo as an investment property, you can deduct all expenses for personal use.

4. Inflation surveys suggest a consistent loss of 67% of each dollars purchasing power over each 30-year period. 

5. Most important is your opportunity to buy and live in your dream condo with less money now and maintain plenty in reserve. 

6. Timing being a crucial element in better decisions, all economic indices support our claim here at Lost Baja Discovered that the best time to finance your new condo is now.

Money Saved Is Money Earned

The math made simple in the example below.  If you invest in your retirement condominium in Baja California with Lost Baja Discovered, your monthly payments will be less than if you were to pay rent in a humble urban community and much less than if you purchase instead of renting.  Comparable oceanfront condominium north of the border would be 10 times the expense, You can also deduct the revenue that you pay for your condo from your income tax as you can claim that your condo is investment property. 

• $250,000.00  condo purchase price
•     $50,000.00  down payment  20%
•        4.9%            interest rate
•          360            month term
•          $1326.82  monthly payment

* virtually all of your monthly payments are a tax deduction.

** if you claim your new condo purchase to be investment property 100% of your monthly payments, and all expenses incurred in your vacation time spent there is a tax deduction.

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email: sales.lostbajadiscovered@gmail.com
telephone: Mexico 011 521 661 110-8333

Boulevard Popotla 1905, Km. 31, Popotla
22710 Rosarito, B.C. Mexico