ghostsmurf, Home Buyer in Tarpon Springs, FL

how accurate is the mo price that they have under the price of the home?

Asked by ghostsmurf, Tarpon Springs, FL Sat Aug 10, 2013

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Answers

3
Ghostsmurf,

If you are referring to the possible monthly payment...think of it as a starting point. You really need to sit down with a lender and see what your individual case would be.

The interest rate you will be charged is based on your credit score and your down payment. Most lenders require your property taxes and homeowners insurance to also be escrowed .....meaning that they will be included in the monthly payment also (the amount depends on the location and value of the home.).

I feel an informed client makes the best decisions regarding their real estate needs. Let me know if I can be of assistance.

Sincerely,

Pam Cohn
Broker Associate, GRI, SFR, NHS
Real Estate Consulting, Marketing & Sales
Prudential Tropical Realty
2539 Countryside Blvd #3 Clearwater, FL 33761
pcohn@prutropical.com
727-204-7155
0 votes Thank Flag Link Sun Aug 11, 2013
We suggest that, if you are thinking of buying a home, you meet with a loan officer at two local banks. You will find out what you qualify for and the loan officer can give you accurate loan payment amounts at various price points.
0 votes Thank Flag Link Sat Aug 10, 2013
That has to be a rhetorical question:
Factor in the variable interest rate, the variable offering price and the variable down payment.
If you need help playing with the numbers;
GOOGLE "mortgage calculator", there are a bunch of them.
You can plug in your numbers.
0 votes Thank Flag Link Sat Aug 10, 2013
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