Comments on: Hay guys and girls i got a question. If i have 100,000 dollars can i get any house i want? http://www.condominiums-maui.com/blog/maui-real-estate/hay-guys-and-girls-i-got-a-question-if-i-have-100000-dollars-can-i-get-any-house-i-want/292/ Maui real estate - island-wide listings and sales information - Maui homes, condos, land and commercial. Fri, 30 Jul 2010 03:40:17 +0000 http://wordpress.org/?v=2.6.5 By: KitKat http://www.condominiums-maui.com/blog/maui-real-estate/hay-guys-and-girls-i-got-a-question-if-i-have-100000-dollars-can-i-get-any-house-i-want/292/#comment-323 KitKat Sun, 11 Jan 2009 00:17:25 +0000 http://www.condominiums-maui.com/blog/maui-real-estate/hay-guys-and-girls-i-got-a-question-if-i-have-100000-dollars-can-i-get-any-house-i-want/292/#comment-323 100,000 is not a big down payment on a million dollar home and your payments would be more then you make. I purchased an 800,000 home, put 300,000 down and my payments are 2500 a month and that does not include property tax. 100,000 is not a big down payment on a million dollar home and your payments would be more then you make. I purchased an 800,000 home, put 300,000 down and my payments are 2500 a month and that does not include property tax.

]]> By: Curtis R http://www.condominiums-maui.com/blog/maui-real-estate/hay-guys-and-girls-i-got-a-question-if-i-have-100000-dollars-can-i-get-any-house-i-want/292/#comment-322 Curtis R Sat, 10 Jan 2009 15:28:41 +0000 http://www.condominiums-maui.com/blog/maui-real-estate/hay-guys-and-girls-i-got-a-question-if-i-have-100000-dollars-can-i-get-any-house-i-want/292/#comment-322 your income is 1800 a month this means you can afford about a 600.00 a month payment. so to answer your ? your limited to about 180,000 house for now. or invest into income property's and in a year or so buy a house for you're self. your income is 1800 a month this means you can afford about a 600.00 a month payment. so to answer your ? your limited to about 180,000 house for now. or invest into income property’s and in a year or so buy a house for you’re self.

]]> By: troythom http://www.condominiums-maui.com/blog/maui-real-estate/hay-guys-and-girls-i-got-a-question-if-i-have-100000-dollars-can-i-get-any-house-i-want/292/#comment-321 troythom Fri, 09 Jan 2009 09:53:00 +0000 http://www.condominiums-maui.com/blog/maui-real-estate/hay-guys-and-girls-i-got-a-question-if-i-have-100000-dollars-can-i-get-any-house-i-want/292/#comment-321 A down payment of $100,000 on a $1M property leaves you with a mortgage amount of $900,000. With an 8% interest rate (those Jumbo's are a killer these days) you will have a payment of around $6,600 per month. Even before taxes and insurance your $1,800/month income is about $4,800 short. So the short answer is NO. Of course you would already know this since you are "into real estate". A down payment of $100,000 on a $1M property leaves you with a mortgage amount of $900,000. With an 8% interest rate (those Jumbo’s are a killer these days) you will have a payment of around $6,600 per month. Even before taxes and insurance your $1,800/month income is about $4,800 short.

So the short answer is NO. Of course you would already know this since you are “into real estate”.

]]> By: Nate http://www.condominiums-maui.com/blog/maui-real-estate/hay-guys-and-girls-i-got-a-question-if-i-have-100000-dollars-can-i-get-any-house-i-want/292/#comment-320 Nate Tue, 06 Jan 2009 08:36:45 +0000 http://www.condominiums-maui.com/blog/maui-real-estate/hay-guys-and-girls-i-got-a-question-if-i-have-100000-dollars-can-i-get-any-house-i-want/292/#comment-320 No bank will approve a multimillion dollar loan/mortgage if you have that small of a salary. No bank will approve a multimillion dollar loan/mortgage if you have that small of a salary.

]]> By: Dani http://www.condominiums-maui.com/blog/maui-real-estate/hay-guys-and-girls-i-got-a-question-if-i-have-100000-dollars-can-i-get-any-house-i-want/292/#comment-319 Dani Sat, 03 Jan 2009 15:19:17 +0000 http://www.condominiums-maui.com/blog/maui-real-estate/hay-guys-and-girls-i-got-a-question-if-i-have-100000-dollars-can-i-get-any-house-i-want/292/#comment-319 yeah no u have to show that u can pay the mortgage not just the down payment yeah no u have to show that u can pay the mortgage not just the down payment

]]> By: Sufi http://www.condominiums-maui.com/blog/maui-real-estate/hay-guys-and-girls-i-got-a-question-if-i-have-100000-dollars-can-i-get-any-house-i-want/292/#comment-318 Sufi Sat, 03 Jan 2009 14:51:35 +0000 http://www.condominiums-maui.com/blog/maui-real-estate/hay-guys-and-girls-i-got-a-question-if-i-have-100000-dollars-can-i-get-any-house-i-want/292/#comment-318 you can get a really nice house, but not any house you want. you can get a really nice house, but not any house you want.

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