Financing in Fresno>Question Details

Cecil0566, Home Buyer in Fresno, CA

if i have a a housing loan of $285,000 with 5.5 interest rate , how much will be my monthly payment

Asked by Cecil0566, Fresno, CA Wed May 15, 2013

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How many years do you plan on paying the mortgage? 15, 30 year?
If it's a 30 year =$1618
If it's a 15 year=$2328
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0 votes Thank Flag Link Wed May 15, 2013
That interest rate is extremely high. Payment would also depend on if you are going FHA and paying PMIs every month or not. Contact me if you want me to connect you with a lender that can get you a lower rate, a lot lower.
0 votes Thank Flag Link Wed May 15, 2013
Way too much......What kind of loan are you applying for?
0 votes Thank Flag Link Wed May 15, 2013
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