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  House Payment Examples  
     
  These examples are homes built with no money down, a fixed mortgage rate of 6% and displayed are priciple, interest, taxes and insurance.  
     
 
Sales Price = $100,000  
     
Principle and Interest   $600
Taxes   $150
Homeowners Insurance   $50
Mortgage Insurance   $50

    $850 per/mo.
     
   
  Note: With all examples, taxes for the first year will be about $40 per/mo. making the payment actually $100 less than shown.   
     
 
Sales Price  Payment

$80,000  $730
$100,000  $850
$120,000  $970
$140,000 $1090
$160,000 $1210
$180,000  $1330
     
 
 
     
       

 

   
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                  317-721-3332