Question by midnightrose: I have all the info I need, about it side effects but I need someone to help me calculate my payments before I sign my offer…?
My mortgage guy is out of town for Easter and I need to check what the payments would be for the counteroffer ….
We are doing an FHA (b/c of our scores, diagnosis it is the only option) taxes in our county are .4% Whatever the market FHA is, the offer is 170K with 3% downpayment assistance, and a 6% concession to be used for buying down the rate 4 points (or 1%) and then what’s left is for closing. I am curious what our payment will be approx, including PMI, P&I, and H/O ins. & taxes escrowed… I live in Fort Mill, SC. Would like to know payment and possibly what our leftover closing cost “might” be…..
Best answer:
Answer by Shana B
Try this mortgage calculator…
http://www.mortgage-calc.com/mortgage/simple.php
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