| Sale Price | $75,000 |
||
| Down Payment | $10,000 |
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| New Loan | $65,000 |
||
Buyer's Monthly Payment |
VA |
15.5% interest |
$847.94 PI |
FHA |
15.5+.5% interest |
$874.09 PI+MIP | |
Conv. |
17% interest [remember, dear readers, this was over 20 years ago] |
$926.69 PI | |