Excellent listing!!!
Wondering if this Condo is affordable…Below are payment scenarios based on a 5% and 10% down payment, amortized over 30 years, 5 year closed at 3.19% (mortgage amount includes mortgage insurance).
$800,000 Purchase Price
$40,000 down payment @ 5%
$782,420 Total mortgage amount
$3,370 Monthly payment
$800,000 Purchase Price
$80,000 down payment @ 10%
$735,840 Total mortgage amount
$3,169 Monthly payment
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Last edited by Kristi Hyson; 05-30-2012 at 08:00 PM.
Reason: Updated Rate & Mortgage Information
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