4 Answers

I think it would depend on how much you put down as well as the percentage rate at which you finance it at. as well as how long (years) the note was agreed too.

Just like Daren indicates above, you need the loan amount, interest rate, length of the loan, and lastly, if the fees to this loan are being included in the "total" loan amount.  Then you can begin to calculated your monthly or amortizing payments.

For example, $130,000 loan amount, 4.2% interest, 30-year amortization, and 2% loan fees.

I am loathe to reply to this, but I will anyway.

It depends on whom you invest your $$$$ with, I really think as a guess, about $700.00 a month.

You can always check with a calculator.

Thanks Chain, I have a calculator, I just don't know what to enter.