PLAN
TYPE D-4 Duplex
MORTGAGE
BREAKDOWN
Purchase Price $299,900
Interest Rate: 5%
Property Taxes: $3,660.00
|
5% Down |
10% Down |
20% Down |
| Loan Amount |
$327,655 |
$310,410 |
$275,920 |
| Down Payment |
$17,245 |
$34,490 |
$68,980 |
| Est. Closing
Costs |
$2,500 |
$2,500 |
$2,500 |
| Hazard Ins.
Escrow |
$900 |
$900 |
$900 |
| 5 Months
Tax Escrow |
$1,525 |
$1,525 |
$1,525 |
| Estimated
Funds Needed |
$22,170 |
$39,415 |
$73,905 |
|
Estimated
Mortage Payments
|
| Principle
& Interest |
$1,758.92 |
$1,666.35 |
$1,481.20 |
| Estimated
Taxes |
$305.00 |
$305.00 |
$305.00 |
| Private
Mortgage Insurance |
$212.98 |
$134.51 |
$0.00 |
| Estimated
Hazard Ins |
$75.00 |
$75.00 |
$75.00 |
| Total
Payment |
$2,351.90 |
$2,180.86 |
$1,861.20 |
| Rental
Income |
|
|
|
| |
|
|
|
| Without
Untilities |
$1,238 |
$1,238 |
$1,238 |
| Your
Monthly Payment |
$1113.90 |
$942.86 |
$623.20 |
| |
|
|
|
| With
Utilities |
$1564 |
$1564 |
$1564 |
| Your
Monthly Payment |
$787.90 |
$616.86 |
$297.20 |
|
|
