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Old 04-23-2009, 04:59 AM
 
1,320 posts, read 3,702,507 times
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I keep seeing these ads" you can own this home for as low as 260/month" It is a 70/k house. Then you find it is 20% down and doesn't include ins. or PMI.

Could I get a realistic ballpark number? Not first time buyer. 3% down, 30 year fix, home insurance(med. size city- Indiana), good credit, 5.0% interest, and property taxes 500/year(yeah it is cheap here). Also plese include PMI. I am guessing it must be around 500/monthly? Thanks!
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Old 04-23-2009, 05:33 AM
 
69 posts, read 294,648 times
Reputation: 56
Rather than you take my word for it, here use a GREAT online Mortgage calculator LINK
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