florida

USDA 502 Guarantee Loan – First Time Home Buyers

This page updated and accurate as of 12/09/23 National Mortgage Leave a Comment

Are you a Florida home buyer looking to purchase a home with min down payment? The RD 502 guarantee loan provided by the USDA helps low and moderate income families achieve the American dream of … [Read more...] about USDA 502 Guarantee Loan – First Time Home Buyers

Purchase price

Please enter here the amount you expect to pay for a home.

Down payment

Down payment is cash that you pay upfront for your home.

Term in years

Number of years you have to pay.

year(s)

Interest rate (per year)

The percentage of interest that you will pay on your mortgage for a specific term.

Property Tax

Enter your property tax here if you know it.

per year

Home Insurance

Most lenders require home insurance. Enter its price here.

per year

PMI

PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.