Seriously--with Largo's down-payment assistance program, which gives qualified first-time homebuyers up to $35,000 in down payment assistance, if that were to be applied to one of the foreclosure or short sale homes available RIGHT NOW in Largo (tour a couple below), your mortgage payment would be in the ballpark of under $500, as shown below:
Purchase Data |
97% Loan @ 6.000% |
95% Loan @ 6.000% | 90% Loan @ 6.000% | |
Purchase Price | $100,000 | $100,000 | $100,000 | $100,000 |
Downpayment | $3,000 | $5,000 | $10,000 | $20,000 |
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Loan Amount | $97,000 | $95,000 | $90,000 | $80,000 |
Monthly Payments | ||||
Principal & Interest (360 Mos.) | $582 | $570 | $540 | $480 |
Estimated Mortgage Insurance | $78 | $62 | $39 | None |
Home Owner's Association Fees | $0 | $0 | $0 | $0 |
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Estimated Housing Expense (PI) | $660 | $632 | $579 | $480 |
To GET TICKETS for the next FORECLOSURE BUS TOUR, FILL OUT THE:
Be sure to tell us how many tickets you'll need, the cost for the entire day will be only $25 per person. Thanks for your interest, and best wishes in your home search.
For more Tips and strategies if you are facing foreclosure-check my website
Facing Foreclosure? |
How To Buy |
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