buying a 53k house (kentucky)?
ok guys, someone please help me out here. if i bought a 59.9k house, lets say i got them to settle on 53k. So if i bought a 53k house with no downpayment, and an interest rate of 5.5% (my credit score is 714 and rising) my monthly mortgage payment would be about $ 300. but in total, how much can i expect my house payment to be? i mean including property tax, private mortgage insurance and homeowners insurance. is $ 500 a month a realistic figure? $ 550? I live in kentucky if that helps figure the taxes. I just want to know what exactly im looking at here financially in terms of overall house payment