I want to buy a house in the next year in california. I found one i want for appr. 100,000, and i could get it for less im sure. maybe 95,000. I am working on building my credit to where it needs to be so i can get approved for my loan, in the meantime, how much money should i expect to pay out monthly for a house this much. I have no idea what my interest rate will be, and i have 10,000 to put down but thats it. I am single and want to do this on my own, and if need be i can rent a room out to a friend until i get back on my feet. Should I be looking at putting back more than 2,000 a month? thats a lot and i dont think i can do that. I want a fixed rate 30 year home loan. i just need figures, and yes i will not be this naive when it comes down to it, just bored and curious as to what im looking at... thanks
2007-12-20
05:15:49
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2 answers
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asked by
Anonymous
in
Business & Finance
➔ Renting & Real Estate