antifreeze
6/30/2016 19:50 EST
I've been looking at houses and apartments for sale on SeLoge.com. And I have a question about how a given property's price is listed. For each property there are two prices. The first is obvious; it's for the cost. But then there is a second which is expressed as a monthly figure. It's this second price that I'm asking about. I mean, what exactly is it? A monthly payment? Rent to own? The payment for the mortgage loan? Should I be paying attention to it? If someone could clue me in on the specifics of this second, this monhly price, I would appreciate it very much.
Sincerely, antifreeze
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25yrson
7/1/2016 00:01 EST
Hi, the monthly figures are the suggested amount you could expect to pay with a morgage
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antifreeze
7/1/2016 01:08 EST
Thank you, that is pretty much what I expected, but I just wanted to be certain. And I assume that the payment is for principle only. I presume property taxes are not included and interest is yet to be determined, N'est-ce pas? Thank you. antifreeze
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antifreeze
7/1/2016 11:07 EST
When my wife and I purchased our house, back in the 1990s, we were told that for every $100000 that we wanted to borrow, we would pay $1000 monthly for the principle, interest and taxes. This was a rough but helpful measure for determining what we could afford. Do you folks in France have some equivalent measure for making quick and dirty evaluations of a house's affordability? Thank you. antifreeze
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