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Message
re: In the market for a house...
Posted on 5/8/24 at 11:05 am to JohnnyKilroy
Posted on 5/8/24 at 11:05 am to JohnnyKilroy
I bought 350k and put down 65k. My note when I had it at 30 yrs term was well north of 1400k. That was with a 5% or so rate.
2
Posted on 5/8/24 at 11:06 am to Jake88
quote:
That was with a 5% or so rate.
Ok?
He said his rate is 2.5%
Posted on 5/8/24 at 11:09 am to Jake88
quote:
I bought 350k and put down 65k. My note when I had it at 30 yrs term was well north of 1400k. That was with a 5% or so rate.
Just run the numbers on a mortgage calculator.
325k home
65k down
2.5% rate
$2,400 insurance/yr
$2,700 taxes/yr
$1,452.31 monthly payment
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