How much would payments be each month on a condo that costs 60,000?


Question:
I'd like to know roughly how much they'd be. I don't know if it includes property taxes or what so if you can factor in everything that would be great. I wouldn't have a very big down payment either.

Answers:
With a smaller downpayment, you will be paying more for mortgage payments. As the property owner, you will be responsible for paying property taxes and don't forget about the monthly condo fees either. When you apply for a mortgage, I'm sure those payments will be all laid out for you.
Type the words mortgage calulator into your fave search engine.
Also, when doing the calculations, look at the HOA fees and utilities.
It depends how much you put down and your mortgage rate. When you get a mortgage, you can set it up to include taxes.

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