spinoff to ? about %

20mrsc10 Posted: Nov 25, 2009 09:59 AM

spinoff to ? about %

so i know this is very personal, but i feel like it would help a lot of us who live at home to get an idea of what your dp on your house/coop/condo was and then what you pay each month in mortage..ive always been curious bc i find computer calculations off a lot of the time

thanksss girlies

Clover23 Posted: Nov 25, 2009 10:18 AM

Re: spinoff to ? about %

i'm also curious....

Lsorrent Posted: Nov 25, 2009 10:19 AM

Re: spinoff to ? about %

Ok.......keep in mind, I have a two-family with my mom, so we were able to do MUCH more than we would've had it just been FH and I.

We put 1/2 down.

Our mortgage is about $1300 per month for a 30 year mortgage.

ETA: That does NOT include taxes, lol

Rosalind_75 Posted: Nov 25, 2009 10:22 AM

Re: spinoff to ? about %

our house was a little over $405k we put 10% down

monthly mortgage is a little over $3500

freakin long island taxes!!!!!!!!!!!!!!!!!!!

Alexandra17 Posted: Nov 25, 2009 10:23 AM

Re: spinoff to ? about %

we are putting like 21% down..monthly is going to be $1700

Clover23 Posted: Nov 25, 2009 10:26 AM

Re: spinoff to ? about %

Posted by Rosalind_75

our house was a little over $405k we put 10% down

monthly mortgage is a little over $3500

freakin long island taxes!!!!!!!!!!!!!!!!!!!

ok yeah that's what scares me!!!!

FuTuRe MrS MaZz Posted: Nov 25, 2009 10:27 AM

Re: spinoff to ? about %

we're about to close on a condo for 275k

dp was what we got back from the wedding - 20k (which comes out to like 7% of the purchase price)

factoring in monthly maintainence fees, taxes, and our mortgage insurance premium (something extra you pay every month for not having at least 20% down)-- we're paying about 2200 a month... and dont forget about adding utilities into that price

latinaj Posted: Nov 25, 2009 10:28 AM

Re: spinoff to ? about %

NYgirlinTX Posted: Nov 25, 2009 10:30 AM

Re: spinoff to ? about %

Considering I live in Texas and what we have been looking at.... You do not want to know the prices, lol. This is the reason we moved!

stinenandy2010 Posted: Nov 25, 2009 10:31 AM

Re: spinoff to ? about %

my house was $240k (i live in CT) we put down 3.5% and our monthly payment is $1667, which includes taxes and homeowners insurance.

LouieDianna2010 Posted: Nov 25, 2009 10:49 AM

Re: spinoff to ? about %

this thread is going to depress me LOL

Michy2009 Posted: Nov 25, 2009 10:53 AM

Re: spinoff to ? about %

Posted by LouieDianna2010

this thread is going to depress me LOL

ditto.....I need to win the lottery

stinenandy2010 Posted: Nov 25, 2009 10:56 AM

Re: spinoff to ? about %

just remember to do your research and really shop around....houses in CT are cheaper but in my town the average is still around $375k...we house hunted for no joke almost a year! when the house we own went on the market, we went to look and put in an offer b/c the price was just amazing, it was the daughter of the deceased parents who lived out of state and needed to sell quick, so we got an amazing deal but we did shop around alot and had to wait for something to come along.

GR2010 Posted: Nov 25, 2009 10:57 AM

Re: spinoff to ? about %

Our house was $460k. We put 10% down ($46k) and then paid out another $19k in closing costs. Our taxes are just under $10k every year and our mortgage rate was like 5.125%. Our payments every month are aboouuuuut $3400 including taxes and homeowners.

LouieDianna2010 Posted: Nov 25, 2009 11:16 AM

Re: spinoff to ? about %

Posted by GinaRandy2010

Our house was $460k. We put 10% down ($46k) and then paid out another $19k in closing costs. Our taxes are just under $10k every year and our mortgage rate was like 5.125%. Our payments every month are aboouuuuut $3400 including taxes and homeowners.

i think i just vomited a lil..

Fh has been looking at houses and i cant bare to do it with him because my stomache cant handle it...i think i will instantly go gray!

AdriandSteve Posted: Nov 25, 2009 11:18 AM

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This thread just made my stomach hurt.

dfw343 Posted: Nov 25, 2009 11:22 AM

Re: spinoff to ? about %

All on my own so this was hard.

I put 30% down.

My monthly with maintenance is about 1200.

this is by myself though...

I want to flip it and buy a one bedroom and hopefully have combined no more than 1600-800..but that will be split with FH..I may end up paying more...because he has car and will need to pay parking fees...

Future Mrs P Posted: Nov 25, 2009 11:27 AM

Re: spinoff to ? about %

My FH and I boguht a house this summer for $390k. We put 10% down ($39k) and have a mortgage rate of about 5.5%. We pay about $3k a month for the mortgage and taxes which are about $8k total.

GR2010 Posted: Nov 25, 2009 11:29 AM

Re: spinoff to ? about %

Posted by LouieDianna2010

Posted by GinaRandy2010

Our house was $460k. We put 10% down ($46k) and then paid out another $19k in closing costs. Our taxes are just under $10k every year and our mortgage rate was like 5.125%. Our payments every month are aboouuuuut $3400 including taxes and homeowners.

i think i just vomited a lil..

Fh has been looking at houses and i cant bare to do it with him because my stomache cant handle it...i think i will instantly go gray!

LOL... trust me it makes me sick too... I'm by no means the 'bread winner' so I think FH might ACTUALLY vomit every month when he gets the mortgage in the mail.