The FOCUS on NoVA Real Estate team goes through what your monthly costs would look like on a $315,000 mortgage.
$315,000 Property Specs
Two-Story condo | Arlington Village Courtyard, Arlington
Built 1939 | $377 HOA
1 Bedroom
1 Bathroom
Total Square Footage: 770 sq. ft.
Estimated Monthly Mortgage
Assuming 4% Interest Rate on 30-year fixed mortgage utilizing the Freedom Mortgage Mortgage PITI calculator
20% Down Payment: $63,000
Taxes: $2,8263 annually
Insurance: $500 (est.)
$1,480 monthly Principle Interest Taxes and Insurance (PITI)
10% Down Payment: $31,500
Taxes: $2,8263 annually
Insurance: $500 (est.))
$1,815 monthly Principle Interest Taxes and Insurance (PITI)
5% Down Payment: $15,750
Taxes: $2,8263 annually
Insurance: $500 (est.)
$1,993 monthly Principle Interest Taxes and Insurance (PITI)
3% Down Payment: $9,450
Taxes: $2,8263 annually
Insurance: $500 (est.)
$2,106 monthly Principle Interest Taxes and Insurance (PITI)
If you have any questions about Northern Virginia Real Estate, contact us today!
