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secondcurve · 12-17-2009, 09:24 AM

That seems like a lot of real estate for $505,000. If they put down $100,000 and term the balance out for 20-years their P&I payments are only $1,675 a month, give or take. It certainly seems doable. Here is wishing the new owners lots of luck.

12-17-2009, 09:24 AM	#42
secondcurve Senior Member Join Date: Jan 2005 Posts: 2,128 Thanks: 1,351 Thanked 564 Times in 291 Posts	That seems like a lot of real estate for $505,000. If they put down $100,000 and term the balance out for 20-years their P&I payments are only $1,675 a month, give or take. It certainly seems doable. Here is wishing the new owners lots of luck.