Re: BRAG: Just got approved for a home mortgage
[ QUOTE ]
Congrats ... I'll be going down a similar road myself in the near future. How much money/month does a $175k mortgage translate too? What kind of interest rate are they quoting you?
[/ QUOTE ]
Standard 30 Year AM Loans:
7% = $1164.28
8% = $1284.09
9% = $1408.09
10% = $1535.75
40 Year AM Loans:
7% - $1087.50
8% - $1216.80
9% - $1349.88
10% - $1486.01
50 Year AM Loans:
7% - $1052.95
8% - $1188.73
9% - $1327.50
10% - $1468.43
30 Year AM Interest Only Loans:
7% - $1020.83
8% - $1166.67
9% - $1312.50
10% - $1458.33
OP ask me any questions you have before you go see some random mortgage guy. There is a TON you need to know before you even attempt to find a home.
|