a 30 year/285,000 loan. taking into consideration interest.
2006-11-16 03:21:19 · 6 answers · asked by stacieegraves 2 in Business & Finance ➔ Renting & Real Estate
depends on your interest rate...
assuming 6%,your monthly payment would be $1708.72 if the loan began on the 1st of any given month.
use bankrates Loan Calculator at:
http://www.bankrate.com/brm/popcalc2.asp
2006-11-16 03:24:37 · answer #1 · answered by jason29445 3 · 0⤊ 0⤋
The payment would depend on the interest rate. Feel free to go onto http://www.justgetaloan.net and use our loan payment mortgage calculators along with other great mortgage tools. Also you can get qualified for a mortgage our clients often are able to lock into the lowest rates no matter what the credit background, also many of our clients have been able to purchase with no money down. For additional information feel free to contact me by email at jfreeman@justgetaloan.net. Or by phone 866 530 7300 ext 7305
2006-11-16 13:03:44 · answer #2 · answered by Anonymous · 0⤊ 0⤋
What interest ? Is your FICO good or bad ? Could make a difference of hundreds of dollars per month on that large of a loan. Principal + % with very good FICO would start about $2100, but is this loan just 80% of value, did you put down 20% ? If not add in PMI to the taxes and insurance.
Payment = PITI + pmi
principal + interest + taxes + insurance + private mortgage insurance
2006-11-16 11:34:27 · answer #3 · answered by kate 7 · 0⤊ 0⤋
at 6.5% interest your payment would be $1,801.39
But don't forget to figure in 1/12 of the yearly taxes, specials (if applicable) and home owners insurance..And depending on what type of loan you qualify for you may have to pay mortgage insurance too..That could be as much as 5-800 a month more..
2006-11-17 17:03:15 · answer #4 · answered by Littlebit 6 · 0⤊ 0⤋
As others have said, it depends....
..... but as a rough estimate, it should fall somewhere between $2,000 and $16,000 per month. Roughly.
2006-11-16 11:44:00 · answer #5 · answered by teran_realtor 7 · 0⤊ 0⤋
it depends on your rate but general rule of thumb that i know of is about 800-900 per 100,000. i hope this helps you out. maybe 2600.00
2006-11-16 11:24:50 · answer #6 · answered by Anonymous · 0⤊ 0⤋