2007-06-29 08:44:33 · 10 answers · asked by JC` 3 in Business & Finance ➔ Renting & Real Estate
Bankrate.com has a nice calculator that will tell you, based on current interest rates.
2007-06-29 08:47:31 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The payment will depend on what kind of loan you want.
There is a principle and interest or an interest only option. Most people that have a higher loan amount choose an interest only option because the payment is lower and you can write off your whole payment. Your payment at 6% principal and interest would be $2697.97. Feel free to contact me if you have any futher questions.
2007-06-29 08:55:37 · answer #2 · answered by karrie r 2 · 0⤊ 0⤋
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RE :How much would the monthly house payment be on a 450,000 dollar loan?
Follow 9 answers
2016-11-10 08:19:27 · answer #3 · answered by ? 6 · 0⤊ 0⤋
There are several options. Let's say you have one loan for $450,000 at 6% interest. Your P&I {principal and interest} payment would be 2,697.98
Let's say you have two loans. An 80% 1st mortgage followed by a 20% 2nd Mortgage.
Your 1st mortgage would be for $360,000. At 6% your P&I payment would be 2,158.38.
Your 2nd mortgage would be for $90,000. At 9% your P&I payment would be 724.16.
Your total P&I mortgage payment would be 2,882.54.
There are a number of parameters that I would need to know to say exactly what your payment would be.
2007-06-29 08:59:15 · answer #4 · answered by CuriousGuy92 3 · 0⤊ 1⤋
Assume a 30 year loan at 6% interest:
The principal and interest payments would be $2,697.98 per month. Property taxes and hazard insurance would be extra.
2007-06-29 08:52:53 · answer #5 · answered by skipper 7 · 2⤊ 0⤋
depends on the interest rate of the loan and how long the loan is for.
2007-06-29 08:51:47 · answer #6 · answered by thunder2sys 7 · 0⤊ 0⤋
What's the interest rate, term, and how much are the annual taxes and insurance? Can't say without that info.
2007-06-29 08:48:34 · answer #7 · answered by Bostonian In MO 7 · 0⤊ 1⤋
It all depends on mortgage rates, how long you want your mortgage for, and if you want fixed or adjustable.
2007-06-29 08:50:12 · answer #8 · answered by Anonymous · 0⤊ 0⤋
I was wondering the same question too yesterday
2016-08-24 07:16:01 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Was going to ask this too
2016-07-29 08:46:35 · answer #10 · answered by ? 4 · 0⤊ 0⤋