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October 11, 2023 at 7:24 am
#93907
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Participant
Updated Seller Financing Details:
* Minimum Down Payment: $42,000
* Total Move-in: $49,000 (down payment plus estimated closing costs and prepaid items)
* Loan Term: 8 years (30 year amortization with 8 year balloon)
* Monthly Payment: $4,267 (principal and interest)
* Total Monthly Payment: $4,636 (including principal, interest, taxes, insurance, and account servicing)
* Interest Rate: 9.49%
* APR: 9.52%
* Purchase Price: $549,900
* 3 Year Prepayment Penalty
* Offered by: Geneva Real Estate & Investments (Broker)
* Nate Tanner, Realtor, Owner/Agent