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The FOCUS on NoVA Real Estate team details the affordability and monthly payments for a $220,000 1-bedroom, 1 bathroom condo in Alexandria.

https://www.youtube.com/watch?v=-y287hVy1B4&feature=youtu.be

Built 1961 | Bolling Brook Condominiums
1 bedroom | 1 bathrooms
Balcony
In unit washer/ventless dryer
Sqft: 700
Insurance: $500 (est.)
Taxes: $1,765  annually
Condo Fee: $375

Estimated at a 3.8% Interest Rate on 30-year fixed mortgage using Day-1 Mortgage Mortgage Calculator.

20% Down Payment: $44,000
$1,384 monthly PITI including Condo fee

10% Down Payment: $22,000
$1,615 monthly PITI + Condo fee

5% Down Payment: $11,000
$1,738 monthly PITI + Condo fee

3% Down Payment: $6,600
$1,816 monthly PITI + Condo fee

Contact the FOCUS on NoVA Real Estate team for more information about turing your monthly rent into equity today.