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Venta      Alquiler
  Torre Auxilio Mutuo, San Juan
  Cuartos:   Baños:   Precio: $486,000



1,044 p/c. Recepcion, area de archivo y pantry, 2 cubiculos, 2 oficinas y 1 bano. Mantenimiento $515.70 mensual.

Roberto Colon Mercado
Lic. 8785



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Purchase & Financing Information
Sale Price of Home: (In Dollars)
Percentage Down: %
Length of Mortgage: years
Annual Interest Rate: %
Explain Calculations: Show me the calculations and amortization
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Mortgage Payment Information
Down Payment: $ 48,600.00
Amount Financed: $ 437,400.00
Monthly Payment: $ 2,910.03>
(Principal & Interest ONLY)
Since you are putting LESS than 20% down, you will need to pay PMI (Private Mortgage Insurance), which tends to be about $55 per month for every $100,000 financed (until you have paid off 20% of your loan). This could add $ 240.57 to your monthly payment.
Monthly Payment: $3,150.60
(Principal & Interest, and PMI)
Residential (or Property) Taxes are a little harder to figure out... In Massachusetts, the average resedential tax rate seems to be around $14 per year for every $1,000 of your property's assessed value.

Let's say that your property's assessed value is 85% of what you actually paid for it - $ 413,100.00 This would mean that your yearly residential taxes will be around $ 5,783.40 This could add $ 481.95 to your monthly payment.
TOTAL Monthly Payment: $ 3,632.55
(including PMI and residential tax)
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