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Providential Real Estate     SEATTLE  -  SAN DIEGO  -  LOS ANGELES  -  IRVINE

© 2015 Providential Real Estate

122 Sequoia Tree Lane

3 Beds • 3 Baths • 1,213 sqft • 2 garage spaces

Purchase Price: $610,000
Downpayment: 20% ($122,000)
Loan Amount: $488,000
Monthly mortgage: $2,307 at 3.92% interest for 30 years
Interest tax deductible amount: $1,594/month*
Net interest savings: $5,739/year*

HOA: $229/month
Property Taxes: $559/month
Insurance: $40/month
Total monthly payment: $3,135

3 roommates (2 @ $600/month, 1 @ 900/month) = -$2,100
Owner's monthly payment = $1,035
Monthly tax savings = -$478*

OWNER'S REALIZED MONTHLY PAYMENT = $557*

*Based on 30% tax bracket. Actual numbers may vary.