Real estate tour with cost breakdown from @thenetwork.realestate
A real estate agent gives a walking tour of a house for sale in Anaheim, CA, starting outside and moving through the interior rooms and backyard. As she tours the property, she systematically breaks down the financial requirements to purchase it, using text overlays to detail the down payment, loan amount, monthly mortgage, taxes, insurance, and PMI. She concludes by calculating the total required annual income for two different debt scenarios and provides a call-to-action for a private tour.
Creator: @thenetwork.realestate on Instagram
Transcript
This is how much you need to make to live in this home in Anaheim, California that's listed for $900,000 Let's break down the numbers. This three bedroom, two bath home is just minutes away from Disneyland, and the best part is there's no HOA. So let's say you put 5% down. That's about $45,000 upfront, leaving you with a loan of about $854,999 with a 6.25% interest tier. And assuming you have a credit score of 740 or higher, your monthly mortgage comes out to $5,260 Property taxes come out to ab
Topics: Real Estate
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