Home › Forums › Property Postings › Phoenix Minor Fixer – Seller Will Finance – Newer A/C › Reply To: Phoenix Minor Fixer – Seller Will Finance – Newer A/C
May 22, 2023 at 10:46 am
#87489
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Participant
Corrected terms:
Seller Financing Details:
* Minimum Down Payment: $20,000
* Total Move-in: $26,000 (down payment plus estimated closing costs and prepaid items)
* Loan Term: 10 years (30 year amortization with 10 year balloon)
* Monthly Payment: $2,813 (principal and interest)
* Total Monthly Payment: $2,993 (including principal, interest, taxes, insurance, and account servicing)
* Interest Rate: 8.99%
* APR: 9.02%
* Purchase Price: $369,900
* No Prepayment Penalty
* Offered by: Geneva Real Estate & Investments (Broker)
* Nate Tanner, Realtor, Owner/Agent