I want to buy a house with a $500/month payment, what is the highest price house I can buy? - best price house insurance
I do not know how to measure your house payments. This is a 30-year mortgage, my only option? With taxes and has insurance, I would pay about $ 500 per month. What is my price range so you can start looking?
Tuesday, January 5, 2010
Best Price House Insurance I Want To Buy A House With A $500/month Payment, What Is The Highest Price House I Can Buy?
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At $ 50,000, 30-year mortgage at 6% would be around $ 300 for principal and interest. The fees vary greatly depending on where you live, but the taxes and insurance probably eat more of the remaining $ 500 per month, in which we aspire.
What you need for a deposit of $ 50,000 in the price of your home you can afford to maintain. But remember that the closing costs and prepaid, can reach several thousand dollars to pay for their conclusion.
A 30-year mortgage is probably the best choice. When I was a mortgage of 40 years for the same loan amount and interest rate to be found, the payment would drop to about $ 25 per month.
Good luck.
At $ 50,000, 30-year mortgage at 6% would be around $ 300 for principal and interest. The fees vary greatly depending on where you live, but the taxes and insurance probably eat more of the remaining $ 500 per month, in which we aspire.
What you need for a deposit of $ 50,000 in the price of your home you can afford to maintain. But remember that the closing costs and prepaid, can reach several thousand dollars to pay for their conclusion.
A 30-year mortgage is probably the best choice. When I was a mortgage of 40 years for the same loan amount and interest rate to be found, the payment would drop to about $ 25 per month.
Good luck.
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