6.25%

Term: 20 Yr
Chicago, IL
Lender: Bank of America
  • Mortgage Amount
    $593,000
  • Mortgage Payment
    $5,641
  • Property Type
    Multi Family
  • Closed
    12/20/2023
  • Down Payment
    $0
  • Closing Cost
    $0

I’m Richard Streetman from Chicago, Illinois. I’m holding the deed to my brand new home, a three flat. Here in Chicago, I’m paying $593,000. I have an interest rate of 6.25% on a 20 year loan, which means I’m paying $5,641 a month. But after rents, I’m only paying $2,591 a month. Thank NACA