How much would payments be on a $229,000 mortgage at a 100% financing with a 6% interest rate?

Your loan would be 1,374 a month PLUS taxes, insurance and PMI.





However, there are no 100% loans except for VA (and you have to be a vet).





FHA will require 3% down (3.5% after 1/1/09)


How much would payments be on a $229,000 mortgage at a 100% financing with a 6% interest rate?
The principal and interest payment on this loan if a 30 year term would be $1372.97. This does not include any escrow for real estate taxes or property insurance which many lenders also require.How much would payments be on a $229,000 mortgage at a 100% financing with a 6% interest rate?
30 years = $1,372.97 (Principal and Interest only)









30 years = 1372.97


15 years = 1932.43





plus taxes and insurance!
15, 20, 30 years?


Principle and interest only or with escrow included (taxes and insurance)
depends how many years you got it over
With a 30 year mortgage it would be 674.28/mo.