Showing posts with label South Burlington VHFA Financing. Show all posts
Showing posts with label South Burlington VHFA Financing. Show all posts

Thursday, May 15, 2008

My Farrell Street Listing VHFA scenario

Here's a rundown of the VHFA financing scenario for my Farrell Street Listing, click here to view.
  • Current Rate 6.25%
  • Purchase Price $159900
  • 3% Down payment, financed MI
  • Total Loan of $155,103.00
  • Principal and Interest: $979.44
  • South Burlington Taxes $208
  • HOA Dues- $192
  • Total Housing obligation: $1380 a month.

This would be ideal for the professional making low to mid 40K range with little or no debit.

Total estimated cost to purchase:$8700

- Rates are subject to change daily. Subject to credit approval.

Figures courtesy of Jay Vallieres, Mortgage Financial.


- Stella Abraham, REALTOR

Coldwell Banker Hickok & Boardman Realty
346 Shelburne Road, Burlington, VT 05401