Quote:
Originally posted by Matt D.+Nov 6 2003, 07:23 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Matt D. @ Nov 6 2003, 07:23 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-BuildADSM@Nov 6 2003, 06:06 PM
uhh 30 year loan... with 800 bucks a month.... that just doesn't seem to add up at all.
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For $130k over 30 years at 7.5 annual percentage rate the monthly payment would be $908.98. The total interest costs would be $197,231.27. [/b][/quote]
That's just the base, then top that off with you PMI, Mortgage Insurance (another $100) if you don't put 20% down....You're looking at a payment closer to $1K.
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