home buying tips for buying first home

Home Buying Tips
 
Home buying guide for the first time home buyer
 
 
 
   
 
 
 

  Enter the price of a house 
and the cash you have for a down payment
(Please no commas, $ signs, or periods) 
click "Calculate"  for the loan amount
and estimated closing costs 
Purchase Price 
    (enter $124,000 as 124000)
Cash available for Down payment

Required Mortgage Loan

Down payment + Mortgage loan  = Purchase price

But
Additional cash is required to cover closing costs  
The Buyer's mortgage loan costs are traditionally paid by the Seller in most states and not usually included in Buyer's closing costs (insist that your Seller pays these fees).
Other closing costs
Total closing costs  
Estimated Buyer's closing costs:
This is the extra cash the Buyer must have at the closing assuming the Seller pays the mortgage loan costs.
 
 
     
     
     
     
     
     
     
     
     
     
   
 
 
 
 
     
:: :: :: :: ::
  
 

Copyright January, 2006 by Audrie.com Corporation
Stone Mountain, Georgia
Fax: 770-469-2180
Send us an Email.