Very likely. It can depend on what type of loan you qualify for and what interest rate you receive. Here is an example of a loan that might be available to you.
- The purchase price of the home is $150,000
- you receive a 30-year loan with an interest rate of 3.77%
- You make a down payment of $4,000
- Your laon amount is $146,000
- Your payment would be around $1,000 per month.
*This is a rough estimate. Every loan type has different requirements and costs involved. In addition different proerties have different taxes. Lenders can give you specific calculations that are applicable to you and the loan type you choose.
I would love to work with you in connection with your purchase. Lisa Baumberger 208-5560
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