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For a 230k loan (which means zero down payment which is unusual) to be $1500/mo you're talking about 6.8% interest. Rates are not that high on a 30 year mortgag
by harryh 7y ago
For a 230k loan (which means zero down payment which is unusual) to be $1500/mo you're talking about 6.8% interest. Rates are not that high on a 30 year mortgage.
- jstewartmobile 7y agoMy bad. Used online mortgage calculator. Didn't notice they were including estimate of taxes and homeowners in the monthly.
- wincy 7y agoIf you get a HUD loan and put under 10% down you’re going to get closer to $1500 a month payment due to PMI.