I have to buy a house, caculator mortgadge accurate?
I want to buy a house for 359,000 calculator said that my payment will be approximately 1,780 per month in a 50-year loan with 0 and 7 in interest rates per cent, is correct. Or it is still possible. I am a home buyer for the first time and I'm not very familiar with this. My credit is not the best but its decent. I make about 33,000 a year. Yes Please let me know if this can happen. I would like some advice before reaching serious and a real estate agent and come to find I can not mean anything.
No way! 50 years to zero, with 7% of damaged credit? Even last year when they were giving money as chicklets. Save your money for a down payment and credit repair. Plain and simple. I do not think anything else … you are not willing to have a home yet. Ohh, and also $ 33,000 a year can not be reasonably qualified for (nor the means, even if a building program may be eligible) payment of $ 1780. The industry needs a little tough love today.
First time buyer home loans
