Unit 302 Mortgage Analysis
Selling Price: $299,000
Payment based on 5% (5% APR) 30 year fixed rate * |
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With a Down Payment of |
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20% |
3.5% |
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| Down Payment |
$59,800 |
$10,465 |
| Mortgage Payment |
$1,284 |
$1,584 |
| Condo Fees |
$143 |
$143 |
| PMI |
$0 |
$135 |
| Real Estate Tax |
$5 |
$5 |
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|
| Total Monthly Expense |
$1,432 |
$1,867 |
| Projected Tax Savings ** |
$180 |
$224 |
| Net Monthly Expense |
$1,252 |
$1,643 |
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* Interest rates as shown are for comparison purposes only and do not necessarily reflect current market rates. Rates are subject to change at any time and your rate and payment may differ. To obtain current rates and program information and to receive a free personalized loan preapproval, please contact our mortgage partner:
James Colucci, Wintrust Mortgage
708.302.4000 or colucci247@gmail.com
** Actual tax savings may vary by individual circumstances. Tax savings based on 18% tax bracket. Consult your tax advisor. |
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