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ARDELL's Seattle Real Estate Blog

Dec. 25, 2006 - $400,000 Purchase - Payment/Cash Needed

20% down?  Expect a monthly payment of about $1,950 plus say $50 for Homeowner's Insurance and $270 for real estate taxes.  Total Monthly Payment $2,270.00

10% down? Add $310 to that.

Zero Down?  Double that $310

Just a rough guideline, that you can use to "qualify yourself".  Just take that payment total and see what percentage that is of your GROSS Monthly Income.

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Dec. 25, 2006 - re: $400,000 Purchase - Payment/Cash Needed

Posted by ARDELL

hmmm, well I've definitely screwed something up, but I can still comment if I take one step forward and two steps back to do so.

Doug came over to www.raincityguide.com to talk to me there.  So feel free to go that route if need be till I get the bugs out that I put in.  I get an email if you comment on one of my articles there, but not if you leave a comment on someone else's article.

Oh well, growth pains.  Fix one thing while you break another.  I should have copied and pasted the code before I started screwed with it so I could see what I broke.

Woulda, Coulda, Shoulda....

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ARDELL DellaLoggia On Seattle Real Estate including Kirkland, Bellevue, Redmond, Green Lake and most areas around Lake Washington North of Downtown Seattle. Phone: 206-910-1000 - Mailto:Ardell@RainCityGuide.com

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