http://onlinebusinessbuzz.com/mortgage Interesting Information and Guide to Business Management, Advertising, Entrepreneurs, Marketing, Currency Trading, Credit, Debt Consolidation, Finance, Insurance, Real Estate, Stock Market, Mortgage, Internet Business and Much More Mon, 01 Mar 2010 21:25:16 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://onlinebusinessbuzz.com/mortgage/comment-page-1#comment-39 Jamesthe Tue, 24 Nov 2009 11:18:19 +0000 http://onlinebusinessbuzz.com/mortgage#comment-39 On a 340,000 mortgage loan (350,000 purchase price with 10,000 down) and an interest rate of 6.25% your estimated monthly payment would be: $2,093.44. That is assuming the 10,000 down was only the down payment and that you have extra $$$ for closing costs. While this would include interest, this does NOT include taxes, homeowners insurance, or PMI (private mortgage insurance) which you undoubtedly will have on a mortgage above an 80% loan to value ratio. Good luck. On a 340,000 mortgage loan (350,000 purchase price with 10,000 down) and an interest rate of 6.25% your estimated monthly payment would be: $2,093.44.
That is assuming the 10,000 down was only the down payment and that you have extra $$$ for closing costs.
While this would include interest, this does NOT include taxes, homeowners insurance, or PMI (private mortgage insurance) which you undoubtedly will have on a mortgage above an 80% loan to value ratio.
Good luck.

]]> http://onlinebusinessbuzz.com/mortgage/comment-page-1#comment-38 Zapata Tue, 24 Nov 2009 04:38:15 +0000 http://onlinebusinessbuzz.com/mortgage#comment-38 It depends on the interest rate and whether you take out a 15 or a 30 year mortgage with an adjustable or a locked in rate. It depends on the interest rate and whether you take out a 15 or a 30 year mortgage with an adjustable or a locked in rate.

]]> http://onlinebusinessbuzz.com/mortgage/comment-page-1#comment-37 dylan Tue, 24 Nov 2009 01:24:17 +0000 http://onlinebusinessbuzz.com/mortgage#comment-37 That depends on your interest rate, insurance, tax, term of the loan and the cost of mortgage insurance (which you will need with so small a down payment). That depends on your interest rate, insurance, tax, term of the loan and the cost of mortgage insurance (which you will need with so small a down payment).

]]>