Purchase Price: $530,000

 

Minimum  downpayment: 10% - $53,000 plus closing costs.

Realtor Fee: 1.5% of purchase price: $7,950.00

Closing Costs: $7,287.00 - depending on closing date

Escrow Real Estate Taxes For Three Months: $2,400.00

 

Interest Rate: 5.00%

Monthly P&I: $2,560.64

HOA: $800.00, includes windstorm & peril insurance.

Real Estate Taxes: $800.00 monthly

Optional Personal Property Insurance: TBD

 

Total Monthly Payments: $4,200.00 - approximately

 

Balloon Payment: 5 years (negotiable)