Boise Real Estate Source


How Do Interest Rates Affect Your Buying Power?

There has been a lot of speculations, worry and talk about interest rates lately. Rates have been at historic lows for several years now.  Even though it appears interest rates won't be going up too quickly at this point, I thought this was a pretty good infograph to share concerning the different buying power for different interest rates.  See below how monthly payments change with different interest rates. 

Note: I don't recommend buying all of those additional toys just because you have additional buying power, but I suppose it helps to get the point across?  Although, I highly doubt you can purchase a boat, rv, truck, car, jet ski, motorcyle and bike with $332.70 extra per month....well, anyway...

Higher interest rate, higher payment, lower buying power.  

Lower interest rate, lower payment, higher buying power.  

Got it? 


Kasey Boles

Managing Broker, Jon Gosche Real Estate, LLC



Owner/Editor, Boles Editing & Proofreading


John Boles / 208.830.6185 /

James Gannon / 208.570.4048 /

Kasey Boles 208.830.6186 /


Boise, Idaho Real Estate

Search Like An Agent at



This is not intended as solicitation if you are in contract with another real estate agent. 

Equal Housing Opportunity.  









Comment balloon 4 commentsKasey & John Boles • February 03 2017 04:48AM


Hi Kasey and John, that is an excellent way to explain the impact a higher interest rate will have on the consumer.  No rate hike by the Fed this week!  John and Kat

Posted by Alexander- Slocum, Realty Team- Vancouver WA Real Estate (Premiere Property Group, LLC - Vancouver Washington) over 3 years ago

Kasey & John I remember when my parents bought their home at 14% and I also remember when it climbed to 18%... live for the opportunities that come to you today:)Endre

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) over 3 years ago

This is a very good reminder that mortgage interest rates are far below traditional levels. Smart consumers are taking advantage of the opportunity to purchase a home now.

Posted by Roy Kelley (Realty Group Referrals) over 3 years ago

Great infographic that shows it is better to buy now than wait. Did you design it?

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) over 3 years ago