Interest Rates are currently hovering between 4.25% and 4.5%. If you buy a $350,000.00 house today with a 4.25% rate and 20% down your payment on a 30 year fixed rate mortgage would be 1377.43 per month(Principal and Interest). Add in taxes at $3000.00 per year and insurance at $1600.00 per year and your total payment would be $1760.77. If you are interested in what that will buy you click here.
Joel Garcia
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