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We are looking at a house and it is $100,000 we are wondering how much our payments will be at 6% interest for 30 yrs?

2007-11-28 07:21:46 · 5 answers · asked by Brandy S 2 in Business & Finance Renting & Real Estate

5 answers

Too many variables to give you a complete answer. If less than 20% down have to add PMI insurance, also have to add you taxes and insurance. Here is a site that might help you
http://cgi.money.cnn.com/tools/houseafford/houseafford.html

2007-11-28 10:33:20 · answer #1 · answered by Pengy 7 · 0 1

The principal and interest will be $599.55 assuming you go on a regular note. The note will also have the impounds for taxes as well as homeowners and possibly pmi to get your total monthy payment.

2007-11-28 15:28:51 · answer #2 · answered by golferwhoworks 7 · 1 0

That depends on how much you want to put down, what your credit score is, and what type of loan you will be getting. More details will get you more accurate information

2007-11-28 15:29:49 · answer #3 · answered by mazziatplay 5 · 0 0

cheap... probably around $550-$720

2007-11-28 15:26:05 · answer #4 · answered by Dippin Dots of East Lansing 2 · 0 0

$599.55. Simple question; simple answer.

2007-11-28 15:33:11 · answer #5 · answered by DeeDee 6 · 0 0

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