How can I calculate the total escrows, monthly payments, closing costs, and other costs on a mortgage?
I am ballparking the anticipated sale price here:
1.) 290K Sales price with 7,500/year property taxes at 10% down, 15% down, 20% down?
2.) What are the original charges and all other up front charges (including the appraisal) for a $240k loan?
3.) How many days will it take to close after they receive a sales contract?
Answers | 1
Mortgage Banker in Sebastopol, CA
May 16, 2016
Most good lenders can close in under 30 days if they are on their game.
Asked by Michael
Answered by Dimitrios Gikas
Mortgage Professional in Westlake, OH
The fixed or adjustable question depends on your goals and risk tolerance. A bi...
Asked by Nicole
Answered by Carrie Diaz
Mortgage Professional in Irvine, CA
Yes, there is down payment assistance and also lender paid closing costs. Please ...