BAH Guide - How much home you can buy - Ellsworth AFB, South Dakota
Posted by Duane Hosek on August 28, 2007
Here is a guide to how much home you would qualify for based strictly off of known Rapid City, South Dakota BAH. There is also an idea of how much home you could afford if you were to pay just an extra $100/month above your BAH. These figures are based off of a 30 year, 6.5% interest fixed mortgage.
This guide is meant only to provide an idea of what to expect when you relocate to Rapid City, South Dakota and Ellsworth AFB. Of course, you may qualify for a higher or lower interest rate and/or a lower or higher priced home - depending on current interest rates, your personal credit and which loan you decide to choose.
These numbers were compiled for me by Ken Jones of Journey Mortgage. ken@journeymortgage.com 605-341-0133 or his personal cell at 605-484-7530. Ken would be more than happy to visit with you on all of your loan options.
| Enlisted Personnel Without Dependents |
|
|||
| Rank | BAH | House Price | BAH + $100./mo. |
|
|
E01-E4 |
593 |
74,833 |
88,281 |
|
|
E05 |
670 |
84,959 |
98,090 |
|
|
E06 |
720 |
91,762 |
104,893 |
|
|
E07 |
807 |
103,469 |
116,917 |
|
|
E08 |
906 |
116,759 |
130,680 |
|
|
E09 |
924 |
119,607 |
133,213 |
|
| Enlisted Personnel With Dependents | |||
| Rank | BAH | House Price | BAH + $100./mo. |
|
E01-E4 |
801 |
102,204 |
116,443 |
|
E05 |
895 |
115,810 |
128,941 |
|
E06 |
952 |
122,613 |
136,377 |
|
E07 |
1011 |
131,156 |
144,446 |
|
E08 |
1075 |
139,383 |
152,831 |
|
E09 |
1147 |
149,667 |
162,957 |
| Commissioned Officers Without Dependents | |||
| Rank | BAH | House Price | BAH + $100./mo. |
|
O01E |
895 |
115,810 |
128,941 |
|
O02E |
920 |
118,816 |
129,891 |
|
O03E |
952 |
122,613 |
136,377 |
|
O01 |
707 |
89,705 |
103,153 |
|
O02 |
863 |
111,804 |
125,461 |
|
O03 |
932 |
120,240 |
133,213 |
|
O04 |
1017 |
132,106 |
145,237 |
|
O05 |
1055 |
136,219 |
150,458 |
|
O06 |
1115 |
145,553 |
159,001 |
|
O07 |
1137 |
147,610 |
161,691 |
| Commissioned Officers With Dependents | |||
| Rank | BAH | House Price | BAH + $100./mo. |
|
O01E |
1023 |
133,055 |
146,186 |
|
O02E |
1103 |
143,022 |
156,312 |
|
O03E |
1167 |
152,040 |
166,121 |
|
O01 |
901 |
116,284 |
129,574 |
|
O02 |
951 |
122,929 |
136,377 |
|
O03 |
1112 |
145,079 |
157,736 |
|
O04 |
1233 |
160,900 |
173,715 |
|
O05 |
1316 |
171,816 |
184,948 |
|
O06 |
1327 |
172,924 |
186,055 |
|
O07 |
1342 |
175,139 |
187,796 |
If you would like to have me send you an e-mail with homes that fall in the price range you are in, just send me an e-mail at duanehosek@hotmail.com or visit my website anytime at www.duanehosek.com and of course you may call me direct at 605-391-8424.
Thanks………….Duane Hosek
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