Michigan Manufactured Housing Association

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We are pledged to the letter and spirit of U.S. policy

for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, or national origin.

Invest in a Manufactured Home

Estimate Your Monthly Costs Your home on your own private property
This form illustrates how financing your manufactured home will allow you to take a tax deduction for your interest cost. Plus, it will show you how to factor your approximate tax savings into your payment schedule. Once you have completed this form, you will have an excellent picture of the role a manufactured home can play in the quality of your life. You only need to enter values where the arrow points to. The calculations will be made automatically for you.
		Selling Price plus Tax ( includes, delivery, setup, hook-up, steps, etc.) plus sales tax
		Land Price
		Foundation/Basement
		Water/Well
		Septic/Sewer
		Plumbing/Heating/Electrical (Rough and Finish)
		Site Grading - Drives & Walks
		Miscellaneous Costs
		Total of All Costs
		Amount of down payment
		Amount to be financed
		Monthly Loan Payment Click to Select Fixed Rate
		Monthly Tax Savings Click to Select Tax Rate

		Monthly Costs

Note: The information and computations provided in these Worksheets are for persons in the 28% tax bracket who itemize their deductions. Actual tax savings may vary for different individuals. For more comprehensive information it is recommended that you consult a tax professional. Also note that actual tax savings could change or be eliminated if there is any change in the present Internal Revenue code. Complete information can be found in IRS Publication 936 "Limits On Home Mortgage Interest Deduction." Use these worksheets only as a guide in estimating costs. Consult a professional lender or seller for actual costs for products, services and financing.