MORTGAGE AND CLOSING COST ESTIMATES
The Typical Monthly Payment on a $96,000 home
is $683.17
Monthly Mortgage (7.25%)
:
$654.89
Monthly FHA Fees:
$35.00
Monthly Real Estate Tax (est. $1,284 year)
$107.00
Monthly Home Insurance
$50.00
Personal Income Tax
Savings (@ 25% tax rate)
$163.72
Total Monthly Payment
$683.17
Cash Required to Close (estimate):
$3,000.00
The Typical Monthly Payment on a $105,000 home is $734.33
Monthly Mortgage (7.25%)
:
$723.11
Monthly FHA Fees:
$35.00
Monthly Real Estate Tax (est. $1,284 year)
$107.00
Monthly Home Insurance
$50.00
Personal Income Tax
Savings (@ 25% tax rate)
$180.78
Total Monthly Payment
$743.33
Cash Required to Close (estimate):
$3,000.00
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