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Venta      Alquiler
  Bo Buena Vista, Bayamon
  Cuartos:   Baños:   Precio: $950,000



Carr. 829 Km 0.3. Finca llana 10.89 cuerdas. Facilidades agua, luz, telefono.

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: $ 95,000.00
Amount Financed: $ 855,000.00
Monthly Payment: $ 5,688.34>
(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 $ 470.25 to your monthly payment.
Monthly Payment: $6,158.59
(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 - $ 807,500.00 This would mean that your yearly residential taxes will be around $ 11,305.00 This could add $ 942.08 to your monthly payment.
TOTAL Monthly Payment: $ 7,100.67
(including PMI and residential tax)
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