For a 30-year loan, the monthly payment will be $1,266.71
250000 loan at 3.25%
An amortization table would give you the answer. If this is a real life situation and you are in the US you would be getting screwed at this rate of interest.
Based on my experience in Illinois, your 30 year fixed mortage principal, interest, taxes & insurance monthly payment will be approximate 1% of your mortgage principal. So, if your mortgage principal is $250,000 less down payment plus interest plus taxes plus interest, your monthly payment will be about $2,500.
$ 250,000 (list price) $ 250,000 (list price) $ 261,250 (loan)x 0.045 (4.5%) + $ 11,250 (interest) - $ 0 ($$ down)$ 11,250
Rs. 250000
Equity is value in an item over and above what is owed. If you have a $250000 home and owe $250000 then you have no equity to borrow. If you owe $100000 then you have $150000 equity that you may be able to borrow against.
An amortization table would give you the answer. If this is a real life situation and you are in the US you would be getting screwed at this rate of interest.
Based on my experience in Illinois, your 30 year fixed mortage principal, interest, taxes & insurance monthly payment will be approximate 1% of your mortgage principal. So, if your mortgage principal is $250,000 less down payment plus interest plus taxes plus interest, your monthly payment will be about $2,500.
It depends on the economy and where the house is.
80% of 250000 = .8 * 250000 = 20000
8% of 250000 = 250000*8/100 = 20000
55% of 250000 = 137500
3.5% of 250,000= 3.5% * 250000= 0.035 * 250000= 8,750
70% of 250,000= 70% * 250000= 0.7 * 250000= 175,000
6% of 2500 = 6% * 2500 = 0.06 * 2500 = 150
.36 x 250000 = 90,000
20% of 250,000 = 20% * 250000 = 0.2 * 250000 = 50,000
To find 24 percent of a number, multiply the number by 0.24. In this instance, 0.24 x 250000 = 60000. Therefore, 24 percent of 250000 is equal to 60000.