buying a house
By quita88
@quita88 (3715)
United States
July 26, 2009 9:42pm CST
Hi,
Can anyone out there tell me what a payment would be on a house that it's value is about $170,000? and I put down 20%?
I am going to look at two homes that are about this value and would like to know the payment range in case I want to make an offer.
thanks for any info.
quita88
1 person likes this
2 responses
@lelin1123 (15594)
• Puerto Rico
27 Jul 09
I brought a house two years ago for 165,000 dollars and I put half down. My rate is 6.895 my payments were 649.19 but this year the taxes went up so my mortgage payments are now $750.00. I depends on your rate, points or not taxes and insurance.
I hope this helps a bit and good luck to you.
@redhotpogo (4398)
• United States
27 Jul 09
20% of $170,000 is $34,000. 170,000 minus 34,000 equals 136,000. You can get a 30 year plan. 12 months in a year. 12 times 30 equals 360. So 136,000 divided by 360 equals 377.777777 so lets make that 378. I'm sure there will be other fees, but I would say about $378 a month with perfect credit.
