The FOCUS on NoVA Real Estate team brings you a 2-bedroom 2-bathroom condo in Fair Lakes, VA. Explore what down payments and monthly payments look like for this type of property in this location.

$330,000 Property Specs

Condo | Christopher @ Cedar Lakes
$490/monthly HOA fees
2 Bedrooms
2 Bathrooms
Total Square Footage: 1,294 sq. ft.

Estimated Monthly Mortgage

Assuming 2.75% Interest Rate on 30-year fixed mortgage utilizing the Day 1 Mortgage PITI calculator

20% Down Payment: $66,000
Taxes: $3,636 annually
Insurance: $300 (est.)
$1,406 monthly Principle Interest Taxes and Insurance (PITI), plus $490 HOA fee

10% Down Payment: $33,000
Taxes: $3,636 annually
Insurance: $300 (est.)
$1,734 monthly Principle Interest Taxes and Insurance (PITI), plus $490 HOA fee

5% Down Payment: $16,500
Taxes: $3,636 annually
Insurance: $300 (est.)
$1,909 monthly Principle Interest Taxes and Insurance (PITI), plus $490 HOA fee

3% Down Payment: $9,900
Taxes: $3,636 annually
Insurance: $300 (est.)
$2,022 monthly Principle Interest Taxes and Insurance (PITI), plus $490 HOA fee

If you have any questions about Northern Virginia real estate, reach out as we are happy to help.