mortgage?

bjm_116 asked:


if i buy a home of $350,000 detached / semidetached and 10,000 down payment then how much mortgage will i have to pay every month????

thanks for the answers :)
well if not 10,000 then wat abt 20 or 25 ?

Oakland office space



Comments (5)    Posted in Other - Home & Garden    

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5 Responses to 'mortgage?'

  1. Min - April 19th, 2009 at 11:38 pm

    Dallas equipment rental

    depends on your interest rate

    lets say you did a 30 year 5% fixed

    1825.19 would be your monthly

    here’s a calculator.. toss around your own numbers.

  2. Jamestheflame - April 23rd, 2009 at 6:36 am

    Baltimore real estate

    That depends on your interest rate, insurance, tax, term of the loan and the cost of mortgage insurance (which you will need with so small a down payment).

  3. hrh_gracee - April 25th, 2009 at 9:21 pm

    Buffalo Grove property

    On a 340,000 mortgage loan (350,000 purchase price with 10,000 down) and an interest rate of 6.25% your estimated monthly payment would be: $2,093.44.

    That is assuming the 10,000 down was only the down payment and that you have extra $$$ for closing costs.

    While this would include interest, this does NOT include taxes, homeowners insurance, or PMI (private mortgage insurance) which you undoubtedly will have on a mortgage above an 80% loan to value ratio.

    Good luck.

  4. woodlander - April 26th, 2009 at 6:02 pm

    Simi Valley Real Estate

    if you have an OK credit, about 2700 with prop. tax and ins.

  5. Beez - April 29th, 2009 at 10:06 am

    San Jose Costa Rica Private Investigator

    It depends on the interest rate and whether you take out a 15 or a 30 year mortgage with an adjustable or a locked in rate.