Tuesday, August 28, 2007

BAH Guide to Ellsworth AFB in Rapid City, South Dakota

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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