Back to Results
Please enter a valid email address.
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.
Please enter text in the "Enter the text to display" field.
Please enter text in the "Enter URL" field.
Please enter a valid URL.
Please insert a video embed only
For the first 5 years. You need to start with the base loan amount and amortize at 3.5% on a 25 year schedule (2035 - 2010 = 25 year amortization schedule); depending on what date they give you the $1,000 and when you start the amortization on this first period, if your amortization starts on January 1st, amortize a loan amount less $1,000, or if it's mid year, take the amortized balance at that time, subtract $1,000 and continue to amortize for this first period. Every year you'd need to amortize, subtract the $1,000 from January 1st and re-amortize the balance of the first period (years 1-5) Next, take the balance on year 5 and amortize that balance at 4.5% for 1 year.Then take the balance after year 6, and amortize at 5% for the life of the loan.You can use bankrate.com or google amortization calculator. You'll have to calculate and manually add for all the adjustments.Hope this helps.
Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.
For Sale: $438,000
For Sale: $649,000
For Sale: $342,500