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Venta      Alquiler
  Urb Camino Del Mar, Toa Baja
  Cuartos: : 4
  Baños: : 2.5
  Precio: $1,500



Residencia en magnificas condiciones, en cul-de-sac. Equipada. Area de 1,715 pies cuadrados, solar de 400 metros cuadrados. Areas comunales de primera (gym, piscina, area de juegos para ninos, canchas de baloncesto y tenis, casa club), seguridad, control de acceso. Incluye mantenimiento.

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: $ 150.00
Amount Financed: $ 1,350.00
Monthly Payment: $ 8.98>
(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 $ 0.74 to your monthly payment.
Monthly Payment: $9.72
(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 - $ 1,275.00 This would mean that your yearly residential taxes will be around $ 17.85 This could add $ 1.49 to your monthly payment.
TOTAL Monthly Payment: $ 11.21
(including PMI and residential tax)
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