How Much Will a Home Cost You?
Published Saturday, April 29, 2006 by Real Estate Pro | E-mail this postJust some rough, ballpark numbers (using a fixed, 30 year mortgage rate) -
A home loan of $100,000, with a 6.5% interest rate will cost you $632 a month in principal and interest ONLY (not counting taxes, insurance, escrow, closing costs, etc. here).
A home loan of $200,000 at 6.5% interest will cost you $1264 per month (again, principal and interest only).
Tagged: loan
How Much Will a Home Cost You?