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  Local Comercial en Ave Roosevelt, San Juan
  Cuartos:   Baños:   Precio: $595,000



Local comercial de 3,271 pies cuadrados. Con divisiones para restaurante, con su area de cocina. Area de 357 metros cuadrados. Cuenta con cisterna.

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: $ 59,500.00
Amount Financed: $ 535,500.00
Monthly Payment: $ 3,562.69>
(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 $ 294.53 to your monthly payment.
Monthly Payment: $3,857.22
(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 - $ 505,750.00 This would mean that your yearly residential taxes will be around $ 7,080.50 This could add $ 590.04 to your monthly payment.
TOTAL Monthly Payment: $ 4,447.26
(including PMI and residential tax)
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