What would the mortgage expenditure be on a $130,000 house? Good credit?

Let's say a $10,000 down payment and dependable credit...what would the mortgage payment be?
Answers:
Payment on a 15 , 20 or 30 year fixed ?

And since that down is Not the 20% prefered ,
You will have to factor surrounded by the extra cost of PMI
( private mortgage insurance )

Use the mortgage calculators to enter your variables ,

http://www.bankrate.com/#

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Figure about $65 for every 10K you finance than make the addition of about a $100-150 for tax an insurance (this can depend greatly on your area). This is base on a 30 year fixed principal and interest payment. It also depends on what you consider good credit.

This will go and get you close, you can find real estate calculators on most real estate relateover the moonsights.
Perfect credit is extremely rare, even Suze Orman admit that she doesn't have a perfect credit mark.

There are plenty of calculators online.

With principal, interest, taxes and insurance, plan on $800 a month. Source(s): Oregon Realtor
With that down payment, you would probably go FHA and right credit means 6.25% (or less depending on who you use.

Your monthly contribution, not including taxes and Private Mortgage Insurance, should be about 738.86.


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