Housing Activity Mike Testani
House Choices 27 Roosevelt Ave Binghamton, NY MLS# $129, Rush Ave Binghamton, NY MLS# $128, Overbrook Ave Binghamton, NY MLS# $139500
My Choice The house I chose was on 15 Overbrook Ave Binghamton, NY. I chose this house because it was in a good neighborhood and had enough space for me.
Down Payment The Down Payment on this house is $27,900. To find out the down payment I took 20% of the price with was $139, x$139,500 = 27,900
Salary The salary I would need to buy this house is $1,860,000. I found out the salary by multiplying the payment by 12 months and divided by 18% The price range of houses I looked at was from $120,000 to $140, ,900x12/.18