|
|
Amount Financed
|
$247,500.00
|
|
Monthly Payment
|
$1,304.12
|
|
Monthly Property Taxes
|
$250.00
|
|
Monthly Insurance
|
$125.00
|
|
Months with PMI
|
30
|
|
Monthly PMI
|
$104.17
|
|
Total Monthly Payment
|
$1,783.29
|
|
|
First Years
|
Total
|
|
Interest and Points
|
$59,492.69
|
$221,982.60
|
|
Total Property Taxes
|
$15,000.00
|
$90,000.00
|
|
Total Annual Deductions
|
$15,000.00
|
$90,000.00
|
|
Total Deductions
|
$89,492.69
|
$401,982.60
|
|
Tax Savings
|
$27,742.74
|
$124,614.61
|
|
Average Payment After Taxes
|
$841.74
|
$957.97
|
|
|