In our daily work, The Talbot Team talks to many folks who don't know how to match a payment with a purchase price. Here is a guide to help sort out just that. You can click HERE to get the complete payment chart with more interest rate and purchase price options. In the chart below, there are 3 different choices within each interest rate. These choices are different mortgage programs. Your financial position will determine which of these programs you qualify for.
As always, if you need any help sorting out any of these details or if you have any real estate related questions, please feel free to call us anytime.