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1771 N. COUNTY ROAD 0 EW – 3 BEDROOMS, 2 BATHS - $154,900.



1771 N. COUNTY ROAD 0 EW
USDA FHA
0 % Down 3.5% Down 5% Down 10% Down
PRICE  $  154,900.00  $  154,900.00  $  154,900.00  $ 154,900.00
MORTGAGE AMOUNT        156,449.00        152,094.37        147,155.00       139,410.00
DOWN PAYMENT                          -               5,421.50             7,745.00         15,490.00
CLOSING COSTS             1,800.00             1,800.00             1,800.00            1,800.00
PREPAIDS             1,607.73             1,607.73             1,607.73            1,607.73
POINTS
*CASH REQUIRED             3,407.73             8,829.23           11,152.73         18,897.73
INTEREST RATE 4.125% 4.125% 4.125% 4.125%
MONTHLY PAYMENT 30 yrs $758.23 $737.12 $713.19 $675.65
REAL ESTATE TAXES (with deductions) 103.87                 103.87                 103.87               103.87
**HOMEOWNERS INSURANCE 100.00 100.00 100.00 100.00
***MORTGAGE INSURANCE 32.59 101.40 98.10 74.93
TOTAL PAYMENT     $994.69 $1,042.39 $1,015.16 $954.45
GROSS MONTHLY INCOME TO QUALIFY $3,552.46 $3,722.81 $3,625.56 $3,408.75
GROSS ANNUAL INCOME TO QUALIFY $42,629.57 $44,673.77 $43,506.70 $40,904.99

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*Cash required includes first year insurance premium.
Your lender will require this to be paid before the closing or at the closing.
 
**Homeowners Insurance can be purchased from the agent you choose.
The figure above is estimated. See your agent for an accurate quote based on the coverage you want.
 
***Mortgage Insurance is coverage for the lender in case you default. Coverage and premium payment plan vary
from lender to lender. While the figure above is a close estimate, the actual amount will be determined by your lender.


*Information is Subject to change without notice.*


Email: dave@rodkey.com

©2017 Dave Rodkey Realtors, Frankfort, IN