Some useful information

• Loan Amount is the amount borrowed, not the purchase price.

• Fixed 30 year rates with 20% down and good credit are ~6.125%.  Contact a Mortgage Broker as soon as possible to find exact rates and to get a pre-approval.

• Annual property taxes range between 1%-2% of the purchase price.  Contact Ciana to find out what tax rate is used on your home of interest.  

• A ROUGH estimate for insurance is .27% of the purchase price.  Contact an insurance representative as soon as possible to find out the exact cost.