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Marias new house cost 235000 The down payment was 0.5 of the cost of the house How much was the down payment?
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∙ 13y ago
47.000
Wiki User
∙ 13y ago
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What is a down payment on a house?
Most people borrow money from a bank when they want to buy a house, but they usually do not borrow 100% of the cost of the house. They usually do have some money to apply toward the cost of the house, and that amount is called a down payment. So to buy a house costing $200,000 a person might make a down payment of $50,000 and then borrow the remaining $150,000.
What is the average mortgage for a house that cost 250000?
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.
What is the meaning of loan closing cost?
The loan closing cost is the final payment due after the term of payment of a load has expired and is usually a larger amount than the monthly amount which payable to the loaner.
What is the cost to build a house in Virginia?
The cost to build a house in Virginia varies depending on the size of the house. Some houses can cost hundreds of thousands of dollars to build.
Don't Buy Until You Have a 25% Down Payment?
When you are interested in buying a new house, if you are like most people, you will need to take out a mortgage. What people may not be aware of is that with a conventional mortgage if you don't put down at least 20% of the cost of the house, you will have to pay for expensive mortgage insurance. To avoid paying this insurance, you should not consider buying a house until you are sure you can come up with at least a 25% down payment. Not only will you avoid mortgage insurance, but, you'll probably get a better deal on the mortgage.
What is a down payment on a house?
Most people borrow money from a bank when they want to buy a house, but they usually do not borrow 100% of the cost of the house. They usually do have some money to apply toward the cost of the house, and that amount is called a down payment. So to buy a house costing $200,000 a person might make a down payment of $50,000 and then borrow the remaining $150,000.
The capital cost reduction on a vehicle lease is?
A: Like a down payment on a house
What does a mortgage payment cost?
A mortgage payment depends on several main things: -How much your house is worth -How much you put down for your house -Your credit approval -The type of mortgage plan you chose, usually 15 or 30 years
What is the average cost to rent a house in San Diego?
The average rental payment for a two bedroom house would be between $1000 and $1500 per month.
Is minecraft a monthly payment or a one off cost?
It is a one-time payment.
Average cost of a monthly car payment?
The average cost of a monthly car payment is $250. Of course the actual amounts will differ depending on the value of the car, and the amount of the down payment.
How much did a house cost in 1970s?
In the 1970s, a new house cost 234,00.00 In the 1970s, a new house cost 234,00.00 in the 1970s a house cost 234,00.00
How much does a 8000 square feet house cost per month?
Too many variables prevent adequately answering this question. 1. Where is the house located? In San Francisco the house could easily cost $10,000,000 or more. 2. In a less affluent area the same house could be $2,000,000. 3. How much down payment? 4. Cost per square foot? The level of finish - high end or very high end? 8000 square feet at $200 per = $1,600,000 8000 square feet at $350 per = $2,800,000 8000 square feet at $500 per = $4,000,000 5. $2,000,000 at 6.5% financed at 100% (no down payment) for 20 years. Your payment would be approximately $15,000 per month.
What is the cost of a automobile payment per month?
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How much did a house cost in the 1970s?
In the 1970s, a new house cost 234,00.00 In the 1970s, a new house cost 234,00.00 in the 1970s a house cost 234,00.00
How much did a house in 1900 cost?
You could get a house that cost 200,000 today, so a house could have cost about for 45,000
What is the average mortgage for a house that cost 250000?
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.
