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Summerfield at Taft Hill
AFFORDABILITY
ANALYSIS
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Two Bedroom |
| Home Price |
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$137,800.00 |
| Interest Rate |
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6.51% |
| |
| Down Payment (%) |
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5.00% |
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| Down Payment ($) |
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$6,890.00 |
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| Mortgage Amount |
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$130,910.00 |
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| Monthly Expenses |
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Principal & Interest |
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$823.30 |
Real
Estate Taxes |
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$118.00 |
Private
Mortgage Insurance |
|
$85.00 |
| Estimated Association Fee |
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$70.00 |
Hazard Insurance |
|
$46.00 |
| |
| TOTAL Monthly Expenses |
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$1,147.00 |
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NOTES:
ALL values are estimates and are subject to change.
Uxbridge Residential Tax Rate = $10.27 per thousand.
*
Minimum Income required based upon 30% Housing Ratio, 6.51% interest rate and using traditional bank underwriting practices. |
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