what is the average monthly payment for a 285,000 dollar home?
Answers (2)
BEST ANSWER
Tina,
At 6.5% interest for principal and interest only a 280,000 loan payment would be 1769.88 now that is a fixed rate 30 year note.
Hope this helps,
FIRST ANSWER
I've found this calculator to be very helpful - but so much depends on interest rates. I'd recommend you talk to a couple of reputable lenders to start the process.
http://www.mortgageloan.com/calculator/
Web Reference: http://www.StantonHomes.com
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