Property Q&A in Lubbock>Question Details

Jan Watters, Both Buyer and Seller in Odessa, TX

With 20% down at 5.1%,what would the payments be taxes and insurance included?

Asked by Jan Watters, Odessa, TX Tue Mar 24, 2009

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This question is about this property: http://www.trulia.com/property/1036072744-4004-89th-St-Lubbo…

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Answers

1
Jan, I apologize for the delay in responding. My name is Adam Cavazos and I am a Licensed Realtor with Greg Garrett GMAC Real Estate. I signed up yesterday to answer questions for people that may be interested in buying or selling in Lubbock and noticed your question has not been answered. Although this question was submitted some time ago, the home in question, per Trulia, has an average price of $311,000. With 20% down and an APR of 5.1%, a 30 year note would make the monthly payment around $1350.86 (i used the mortgage calculator at http://www.gmacmortgage.com/CalculatorServlet). Annual taxes for this specific home in 2009 were 5,569.84 and home insurance would be dependent on the home insurance provider you choose. I hope this helps. Please let me know if you have any questions.

-Adam Cavazos | Realtor | Greg Garrett GMAC Real Estate | Mobile: 806-786-8905
0 votes Thank Flag Link Sat Jun 12, 2010
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