Question by mcslain: How come using Yahoo home loan calculators it seems like I am paying way too much for my current home loan?
Took out a loan 6 years ago for 90K at like 5.75%. I’m paying around $ 900/month on it over 30 yrs. The calculators on Yahoo though say I can get a 90K loan now at 6% and only pay $ 540/month over 30 yrs. What is going on? Did I just get taken to the cleaners somehow? Is there anything I can do?
Best answer:
Answer by Carolinahomerates.com
the yahoo calculator isnt including taxes and homeowner’s insurance as your regular mortgage payment does.
Add your own answer in the comments!
Public Safety Minister Peter Van Loan
Image by connect2canada
Ministre de la Sécurité publique Peter Van Loan
DeNova Homes Welcomes 2012 with a New Release and Feature Home in Gilroy
Gilroy, CA (PRWEB) January 11, 2012
DeNova Homes responds to customer demand with the Phase 3 Release of homes starting from the low $ 400,000s. The new soon to be complete Feature Home is also available with limited-time pricing from just $ 1,796.65 per month*. Located just 30 minutes from San Jose, the Cimarron new homes community has plenty of upgrades and incentives available to celebrate the new year.
The Feature Home is located at 1122 Cheyenne Drive in Gilroy and provides 5 spacious bedrooms, 3 luxurious baths, an additional loft area, and a 3-car tandem garage. This Gilroy home is priced to sell at just $ 516,000 with monthly payments as low as $ 1,796.65*
Upgrades on this new home include:
Stone Masonry Accents on the Exterior
Beech Walnut Cabinetry
Stainless Steel Appliance Package
Charming Gas Fireplace
Upgraded Front Door with Glass Window
Cimarron is an amazing community with excellent schools and a convenient location. The Gilroy homes have between 1,776 and 2,890 square feet with 3-5 bedrooms, both one and two story floorplans, and are available with a variety of flex space options. Standard features of Cimarron homes include professionally designed front yard landscaping with automatic sprinkler systems, full yard fencing, beautiful 13×13 ceramic tile entry ways, food prep islands, and Diamante Quartz countertops with undermount stainless steel sinks. Upgrade options include flooring and countertop materials, additional rooms, alarm systems, interior paint, and crown molding choices.
To take a tour of this home or learn about our other floorplans and options, chat with our Online Sales Concierge at http://www.CimarronGilroy.com or call our office at (888) 548-8883.
Financing based on $ 516,000 purchase price FHA loan 3.75% APR 4.4124 Builder paid temporary payment reduction. Preferred lender FHA 30 year fixed @ 1.75% year one, year two 3.75%, year 3-30 3.75% note rate. FHA loan at $ 502,919 (includes UFMIP) and a minimum FICO® score of 680. Down payment requirement of 3.5%. Payment shown includes principal and interest for one year only. Taxes, mortgage insurance premium and hazard insurance are in addition to payment shown. Financing programs, prices, specification, details and features are subject to change without prior notice. Restrictions and qualification apply.
About DeNova Homes
DeNova Homes, Inc. is a respected, family owned homebuilder in Northern California, specializing in all areas of residential construction to meet the needs of renters, first time home buyers, and move-up single family purchasers alike. DeNova Homes is an award winning, community focused homebuilder with a long tradition of supporting local charities and organizations. Most rewarding of all are the hundreds of satisfied homeowners who, over the years, have confirmed DeNova Homes’ standard of quality, lifestyle, and value. For more information visit http://www.DeNovaHomes.com.
About Paradigm Real Estate Solutions
Paradigm Real Estate Solutions, Marketing Consultant to DeNova Homes, is a full service national Real Estate Sales and Marketing firm leveraging its proprietary technology platform Marketing Success Portal® to deliver the next generation of real estate solutions for homebuilders, developers and financial institutions. Paradigm Real Estate Solutions’ provides market research, proprietary web based technology and internet-centric methods. For more information visit http://www.ParadigmIntel.com.
# # #
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
{ Comments on this entry are closed }