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The price of a home is 220000 The bank requires a 20 percent down payment The balance is financed with a 30 year fixed rate mortgage at 75 percent what is the monthly mortgage payment to the neare?
an arm and a leg...
What percent down payment to buy a 250000.00 home?
What is the minimum percent down payment to buy a 250,000.00 home?
What kind of down payment is needed for a home loan?
The average down payment for a home loan is often twenty percent of the purchase price. For example a down payment on a home of $200,000 would be $40,000.
What are typical home loan rates in Raleigh NC?
Typical home loan rates in Raliegh, NC are between three percent and five percent depending on what kind of loan you are taking. For example a fifteen year fixed is 3.778 percent while a thirty year fixed is 4.564 percent.
When purchasing a new home how much good faith down payment should you expect on 350000.00 home?
Ten percent
What is the monthly payment on a home that cost 180000 30 year term at 6 percent?
1075
What are the payment options for a home loan?
The payment options for a home loan typically include making monthly payments with a fixed interest rate, making bi-weekly payments, or choosing an adjustable-rate mortgage with varying interest rates.
What are some average rates for a fixed home loan?
The average rat for a 30-year fixed rate is around 4 percent, and the rate for a 15-year fixed rate is around 3 percent. However, not everyone is eligible for rates that low. Contact your bank for more information.
Where can you get down payment assistance for a home loan that requires twenty percent down?
nobody is going to loan you a down payment - contact family members or save the money yourself
Where can one obtain a bad credit home loan with no down payment?
It is not possible for someone with bad credit to obtain a home loan with no down payment. They would need to have a 5% minimum down payment and collateral.
Why do most home owners pefer a fixed rate mortgage?
You know exactly how much your mortgage payment is and will be in the future. With a variable rate your interest rate jumps up at some future date and your mortgage payment increases.
If You want to purchase a home for 125000 the mortgage requires that you put 20 percent down payment what is the amount of your mortgage loan?
2500
