Thanks  please check with union savings bank.. my primary had a $500 closing cost with them.. they were .25% higher than the cheapest..

Have you considered other options, like saving up some money for downpayment?

I'm thinking worst case scenario, I don't rent it out to anyone, my holding costs go down to around $1200-$1300 if I don't save for any repairs/cap ex and utilties much lower, and then each tenant I put in would just make it much cheaper for me to live for free! 

However, I do know that I want to get into properties as soon as possible perhaps when I graduate so my plans right now is to save, network, find a mentor and develop my understanding of the game. 

This will save on income tax.

Nothing will save you from paying too much for a property.

Hi,Is the above information findable online?

Save your money and hassle.

Chances are that any tax saving you may realize from your rental property investment won't come close to offsetting the income tax and the 10% penalty you will  pay on the 401K withdrawal.

Then find a mortgage calculator online or-if your're savvy with excel-build your own for future use.