Condo is this a good deal

[Angel Dejesus]

Thanks for using the monthly payment calculator on the Zillow iPhone app.

Total Monthly Payment: $499
Principal and interest: $339/mo
Taxes: $94/mo
Insurance (homeowners and mortgage): $67/mo


Assumptions
Home price: $100,000
Down payment: $30,000 (30%%)
Interest rate: 4.116%
Property taxes: $94/mo
Homeowners insurance: $67/mo
Mortgage insurance: $0/mo
Loan term: 30 Years

Next step: Compare mortgage rates on Zillow Mortgage Marketplace.

Download the free Zillow Mobile app!

It would rent for $1,200 a month
Sent from my iPhone