350k / 5k / 2300
$5,000 needed at closing – $350,000 home – pay $2,300 a month
If your total household income is a minimum of $89,000 you may be eligible. Below are some examples of listings that can be purchased with a total of $5,000 needed at closing. Includes down payment and closing costs… and if you qualify, will be your estimated final amount needed to secure your loan for your new home.
Estimated total monthly payment in many of below examples will add up to just around $2,300/month depending on amount of hoa and/or condo fees. Monthly amount includes property taxes, condo/hoa fees, insurance… These numbers are accurate, but they are estimates, and exact figures can be calculated once a final sales price is negotiated and actual numbers for homeowner insurance and anything else are confirmed.
Ask me about any of the properties listed below to run numbers. Or higher and lower prices depending on what you qualify for. Also make sure to request your Homebuyer’s Guide.
*above numbers are an estimate as we try to be as accurate as possible. Interest rates were pulled from today’s market rate for a 30 year fixed, erring on the conservative side. Programs apply to Montgomery County and certain qualifying guidelines must be met including good credit, and meeting qualifying debt ratios regarding income and debts.