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Venta      Alquiler
  Cond Santa Monica, San Juan
  Cuartos: : 2
  Baños: : 2
  Precio: $1,300



Amplio apartamento a pasos del Condado y la Calle Loiza. A un bloque de la playa y el Parque del Indio. 2 dormitorios, 2 banos, 1 pkg. Terraza comunal con bonita vista. Acceso con beeper.

Juan Jose Roman



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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: $ 130.00
Amount Financed: $ 1,170.00
Monthly Payment: $ 7.78>
(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 $ 0.64 to your monthly payment.
Monthly Payment: $8.43
(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 - $ 1,105.00 This would mean that your yearly residential taxes will be around $ 15.47 This could add $ 1.29 to your monthly payment.
TOTAL Monthly Payment: $ 9.72
(including PMI and residential tax)
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