NOFX October 17, 2005 Share NOFX Member October 17, 2005 Ok I know some of you have experience with buying property and whatnot, so I got a GENERAL question. Just a rough estimate with a person with Excellent credit, score is about 720. How much would a house payment be for a 189,000 house? anyone?? Link to comment Share on other sites More sharing options...
Leveller October 17, 2005 Share Leveller Member October 17, 2005 Around $1,100 a month for a 30yr fixed rate. Link to comment Share on other sites More sharing options...
Magruter October 17, 2005 Share Magruter Member October 17, 2005 How much are you putting down?? If you can pay 20% then you won't have to pay private mortage insurance... Which can be 100$ a month... ...That's if you are a first time home owner. There are ways around it, if you are going that route. Link to comment Share on other sites More sharing options...
shep48 October 17, 2005 Share shep48 Member October 17, 2005 http://mortgages.interest.com/content/calc...hly-payment.asp Link to comment Share on other sites More sharing options...
NOFX October 17, 2005 Author Share NOFX Member October 17, 2005 ouch 20%...== 37000 Link to comment Share on other sites More sharing options...
NOFX October 17, 2005 Author Share NOFX Member October 17, 2005 now 1,100 i could possible swing... Link to comment Share on other sites More sharing options...
Bubblegum Bandit October 17, 2005 Share Bubblegum Bandit Member October 17, 2005 I can answer that directly as that is what my mortgage is right now. With my rate at 5.25% - $189,000 has a P&I of around $1075. However, don't forget your escrow which may or may not contain any of these; mortgage insurance, taxes, homeowners fees, etc. My escrow runs $282 a month so my total payment is around $1350. Link to comment Share on other sites More sharing options...
NOFX October 17, 2005 Author Share NOFX Member October 17, 2005 I can answer that directly as that is what my mortgage is right now. With my rate at 5.25% - $189,000 has a P&I of around $1075. However, don't forget your escrow which may or may not contain any of these; mortgage insurance, taxes, homeowners fees, etc. My escrow runs $282 a month so my total payment is around $1350. <{POST_SNAPBACK}> BB you landed it man, I can get a 189,900 condo for 1335 a month total. man that is just to much for me right now being 23 years old, but where I live my apartment rent is 900, it seems silly not to go ahead and own for that price. But then again where I live 189,000 is about the cheapest you can find anything, well that is if you dont want to live in the ghetto. Link to comment Share on other sites More sharing options...
Preacher October 18, 2005 Share Preacher Member October 18, 2005 What city do you live in? Link to comment Share on other sites More sharing options...
NOFX October 18, 2005 Author Share NOFX Member October 18, 2005 (edited) Virginia Beach, but its a big area known as Hampton Roads which is made up of these 7 cities.... Hampton Newport News Chesapeake Norfolk Suffolk Portsmouth Virginia Beach Edited October 18, 2005 by NOFX Link to comment Share on other sites More sharing options...
gOOters October 18, 2005 Share gOOters Member October 18, 2005 Check your local taxes. My escrow is nearly as much as my mortgage. I live in an area that is growing quickly, building schools, etc. Makes a HUGE difference. If I had a $280 escrow, I would feel so rich! Link to comment Share on other sites More sharing options...
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