What if we do a mortgage loan with 25% down?

ptwxcity · 2012-09-05 14:39:50Z

What if we do a mortgage loan with 25% down?簡介

來源: ptwxcity 於 2012-09-05 14:39:50 [檔案] [舊帖] [給我悄悄話] 閱讀數 : (296 bytes)

回答: Try to make a demo here: 由 borisg 於 2012-09-05 13:23:16

For 160K house:

Downpay 40K.Loan 120K @4% 15Y-fixed

Income: Rent 15K

Cost: Tax 2.5K+Insurance 1K+ Repair 1K+ Mortage payment 10.5K = 15K.

I get nothing but equity in the house.

Is that considered to be resonable or bad?

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