For example lets use a $250,000 assumed purchase price. This is a 30-year fixed loan with an interest rate of 6%
You bring $2,500 for a down payment (.01 × $250,000 = $2,500).
Rocket Mortgage covers 2% of the loan amount (.02 × $250,000 = $5,000).
Your monthly principal and interest payment is $1,453.91.
You could save up to $245 per month by not having to pay for mortgage insurance.
What are your thoughts?
Want To Start Your Home Search In SoCal? ???? Send Me A DM
(Luis Mendoza| REALTOR®️)
Luis Mendoza
Next Home Masters
REALTOR® | DRE: 02090487
NMLS: 2093757
You bring $2,500 for a down payment (.01 × $250,000 = $2,500).
Rocket Mortgage covers 2% of the loan amount (.02 × $250,000 = $5,000).
Your monthly principal and interest payment is $1,453.91.
You could save up to $245 per month by not having to pay for mortgage insurance.
What are your thoughts?
Want To Start Your Home Search In SoCal? ???? Send Me A DM
(Luis Mendoza| REALTOR®️)
Luis Mendoza
Next Home Masters
REALTOR® | DRE: 02090487
NMLS: 2093757
- Catégories
- Agent Immobilier - Conseiller Immobilier
- Mots-clés
- rocket mortgage, mortgage tips, los angeles
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