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Bill & Linda Baker
ivyhillhomes@gmail.com
847-927-2728
 The
Bakers
See us on You Tube
Short Sale experts
Servicing the Northwest
Suburbs
The Bakers
 131
Million sold
Winners of "On Line Marketing Award
of excellence 2010" from Realtor.com
Numerous awards include International Presidents Circle Award
Top 4% Internationally
of all Coldwell Banker
Agents
Camelot Park
Gym Meeting
Wed. March 21
Get the facts.
Click on the poster!
This bug is legged and
dangerous!
Arlington
Hts. Video
Don't miss this if you know some with Alzheimer's!
Visit
our other sites:
adoptingadog.org
For your
free booklet
from the Humane Society "How not to buy a
Puppy" call the Bakers.
Background
music from
"Gardens of Spain"
Visit
BillBakerontheGuitar.com
Bank on the Bakers
For All Your Real Estate Needs.
Coldwell Banker
Residential Brokerage
792 E. Rand Rd.
Arlington Hts. IL 60004
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Mortgage Info
FHA or conventional?
An easy no questions site to calculate loan payments.
We don't recommend sending personal information
especially SS numbers across the internet! Call
the Bakers for reputable lending sources.
Return to our site with your back button.
Fico Scores play a big part in your
interest rate
The rates will change but gives you an idea of how FICO scores
come into play.
or
Use the chart below to calculate the monthly mortgage cost
of your new home.
| Interest Rate |
Cost per $1,000 30yr |
| 7.5% |
$6.99 |
| 7.25% |
$6.82 |
| 7.125% |
$6.74 |
| 7% |
$6.65 |
| 6.75% |
$6.48 |
| 6.5% |
$6.32 |
| 6.25% |
$6.16 |
| 6% |
$6.00 |
| 5.75% |
$5.84 |
| 5.5% |
$5.68 |
| 5.25% |
$5.52 |
| 5% |
$5.37 |
| 4.75% |
$5.22 |
| 4.5% |
$5.07 |
| 4.25% |
$4.92 |
| 4% |
$4.77 |
| 3.75% |
$4.63 |
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- Example: you're borrowing $142,000 at a 6.25% interest rate simply
multiply 142 x $6.16= $874.42 is the monthly mortgage payment on a 30 year
fixed rate. Don't confuse the loan amount with the purchase price, you'll ad
the monthly taxes and home owners insurance charge to get the total payment.
Also there could be mortgage insurance with less than 20% down.
??? Call or e-mail us
FHA
FHA loans have MIP (mortgage insurance) below is how
to calculate the monthly payment for the insurance.
Loan amount x .01150 divided by 12 = the monthly
charge.
HOW TO FIGURE THE FUZZY MATH OF INTERNET HOME VALUES (from
the Wall Street Journal Nov 13, 2011)
Warning- these sites can be off the mark on home values by
20% or more.
Excerpt from Maurice Ravel's Pavane
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