What would the total monthly payment is about?
Loan: $ 75,000.00 for funding of 100%. Deposit: None (100% funded). Medium Business: $ 50.00/month. Fees: $ 75.00/month. Interest rate: 6.5% 30 year fixed rate. House buying in southeastern Michigan. About Credit perfect borrowers (FICO 750 +). Also, anyone know of any mortgage lenders offering the main divide (Second loan for the initial payment 20% to avoid PMI) of total loan balances under $ 100,000.00? If nothing else is needed, just say so and I'll post soon as possible.
your monthly payment – principal and interest – $ 474.05 Taxes – $ 75.00 Medium – $ 50.00 ———- —– 599.05 monthly payment Total $, however, this does not include an escrow payment for property insurance extra. Personally, I'm not a big fan of 80/20 loans, and given the current market slide, could be a bad idea anyway.
Buying a Home in California