Property Q&A in Holmesburg>Question Details

Cindyforker, Home Buyer in Philadelphia, PA

how much down for morgage to be 657.00 a month

Asked by Cindyforker, Philadelphia, PA Fri May 18, 2012

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This question is about this property: http://www.trulia.com/property/16495226-4404-Wingate-St-Phil…

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Hi Cindy, you would neeed About 28k = 20% down.

You can put less down. Keep in Mind that approx every 1,000 that you finance.... then your Monthly Payment increases approx $6.00 a Month.
Example If you finance additional 10k than you monthly payment increases approx $60.00

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0 votes Thank Flag Link Fri May 18, 2012
Mortgage amount would need to be around 100,000
0 votes Thank Flag Link Fri May 18, 2012
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