Purchase Price: $375,000

 

Minimum  downpayment: 10% - $37,500 plus closing costs.

Realtor Fee: 1.5% of purchase price: $5,625.00

Closing Costs: $5,958.75 - depending on closing date

Escrow Real Estate Taxes For Six Months: $1,800.00

 

Interest Rate: 5.00%

Monthly P&I: $1,811.77

HOA: $800.00, includes windstorm & peril insurance.

Real Estate Taxes: $300.00 monthly

Optional Personal Property Insurance: TBD

 

Total Monthly Payments: $3,000 - approximately

 

Balloon Payment: 5 years (negotiable)