Chowrastha anna home listing - coming soon

[kevinUsa]

Loan Details

• Home price: $650,000

• Down payment (5%): $32,500

• Loan amount: $617,500

---

1. Mortgage (Principal + Interest)

At 3% for 30 years on $617,500:

👉 ≈ $2,605/month

---

2. Private Mortgage Insurance (PMI)

Still required (since <20% down), but slightly lower because loan is smaller:

• ~1% × $617,500 = $6,175/year ≈ $515/month

---

3. Homeowners Insurance

Average in Virginia: ≈ $150/month

---

4. Property Taxes

At ~1% annually:

• 1% × $650,000 = $6,500/year ≈ $542/month

---

5. Maintenance & Repairs

Using 1% rule:

• $6,500/year ≈ $542/month

---

📊 Monthly Cost Summary

Component	Monthly
Mortgage (P+I)	$2,605
PMI (if <20% down)	$515
Homeowners Insurance	$150
Property Taxes	$542
Maintenance Reserve	$542
Total (with PMI)	$4,354
Total (no PMI)	$3,839

---

6. Cumulative Cost (2022 → mid-2025, ~36 months)

• With PMI: 36 × $4,354 ≈ $157,000

• Without PMI: 36 × $3,839 ≈ $138,000

---

✅ Final Answer (for $650k, 5% down, 3% interest):

• Mortgage-only: ~$2,605/month

• All-in (with PMI, insurance, taxes, maintenance): ~$4,350/month

• Total paid so far (3 years): ~$157k (with PMI) or ~$138k (without PMI)

[8pm]

23 hours ago, Sonu_Patel said:

Good home, evaranna local VA lo interest unte offer veseyyandi.. 

It will help their move to India. 

https://www.zillow.com/homedetails/114-Elmsley-Ln-Stafford-VA-22554/337844419_zpid/

 

 

Bagundanna

[DallasKarreBaluu]

3 hours ago, kevinUsa said:

Loan Details

• Home price: $650,000

• Down payment (5%): $32,500

• Loan amount: $617,500

---

1. Mortgage (Principal + Interest)

At 3% for 30 years on $617,500:

👉 ≈ $2,605/month

---

2. Private Mortgage Insurance (PMI)

Still required (since <20% down), but slightly lower because loan is smaller:

• ~1% × $617,500 = $6,175/year ≈ $515/month

---

3. Homeowners Insurance

Average in Virginia: ≈ $150/month

---

4. Property Taxes

At ~1% annually:

• 1% × $650,000 = $6,500/year ≈ $542/month

---

5. Maintenance & Repairs

Using 1% rule:

• $6,500/year ≈ $542/month

---

📊 Monthly Cost Summary

Component	Monthly
Mortgage (P+I)	$2,605
PMI (if <20% down)	$515
Homeowners Insurance	$150
Property Taxes	$542
Maintenance Reserve	$542
Total (with PMI)	$4,354
Total (no PMI)	$3,839

---

6. Cumulative Cost (2022 → mid-2025, ~36 months)

• With PMI: 36 × $4,354 ≈ $157,000

• Without PMI: 36 × $3,839 ≈ $138,000

---

✅ Final Answer (for $650k, 5% down, 3% interest):

• Mortgage-only: ~$2,605/month

• All-in (with PMI, insurance, taxes, maintenance): ~$4,350/month

• Total paid so far (3 years): ~$157k (with PMI) or ~$138k (without PMI)

Srikanth lost money anna deeniki 600k kuda evadu pettadu market lo conditions changed. 

kanisam vadu 1600$ peduthe dallas lo 2 beds vachedhi 50k velledhi rental ki. ipudu veedi extra 100k bokka

cc @Sonu_Patel

 

[Sonu_Patel]

On 8/22/2025 at 3:29 PM, DallasKarreBaluu said:

Srikanth lost money anna deeniki 600k kuda evadu pettadu market lo conditions changed. 

kanisam vadu 1600$ peduthe dallas lo 2 beds vachedhi 50k velledhi rental ki. ipudu veedi extra 100k bokka

cc @Sonu_Patel

 

konchem high price yettadu but looks like he took care of all paint and repairs and stuff.. 

sale aepoddi very soon. dont worry. 

[Democraticcompulsion]

On 8/21/2025 at 12:58 PM, Coconut said:

Bought For 750k and selling for 875k..125k profit in 3 years is good deal Bhavani???

Assuming home sells for the listed price, 6% agent commissions potayi. 822K. 

Closing costs 50K teeste, 752K. 

So far kattina interest on home loan inko bokka.

He won't be making anything on this sale.

[Sonu_Patel]

21 minutes ago, Democraticcompulsion said:

Assuming home sells for the listed price, 6% agent commissions potayi. 822K. 

Closing costs 50K teeste, 752K. 

So far kattina interest on home loan inko bokka.

He won't be making anything on this sale.

6% agent commissions includes closing costs kada..

malli 50K closing cost enti anna.. i dont get it. 

 

[Democraticcompulsion]

55 minutes ago, Sonu_Patel said:

6% agent commissions includes closing costs kada..

malli 50K closing cost enti anna.. i dont get it. 

 

Closing costs lo other fees untayi kada..

Assuming these go towards buyer costs, 822 anukunte, about 70K migulutundi. 

But property taxes for 9 months would definitely be sellers responsibility. Assuming 1% property taxes, another 6K hole.

Loan Origination Fee- 1% of the loan amount

Appraisal Fee

Credit Report

Tax Service Fee

Underwriting Fee

Application Fee

Processing Fee

Document Preparation

Tax Certificate Fee

Flood Certificate

Etc ..

[Sonu_Patel]

5 hours ago, Democraticcompulsion said:

Closing costs lo other fees untayi kada..

Assuming these go towards buyer costs, 822 anukunte, about 70K migulutundi. 

But property taxes for 9 months would definitely be sellers responsibility. Assuming 1% property taxes, another 6K hole.

Loan Origination Fee- 1% of the loan amount

Appraisal Fee

Credit Report

Tax Service Fee

Underwriting Fee

Application Fee

Processing Fee

Document Preparation

Tax Certificate Fee

Flood Certificate

Etc ..

6% poinaka.. migitha kharchulu anni buyers ki vestaru.. not for seller. 

[Democraticcompulsion]

11 minutes ago, Sonu_Patel said:

6% poinaka.. migitha kharchulu anni buyers ki vestaru.. not for seller. 

Property taxes pakka cut chestaru.

 

[Gorantlamdhav]

On 8/21/2025 at 4:16 PM, Paamu said:

875 petti 775 ki ammadu kada... atleast realtors know that no ?

nuvvu roundup chesi 900 ki konesey everyone will be happy 

[Paamu]

47 minutes ago, Gorantlamdhav said:

nuvvu roundup chesi 900 ki konesey everyone will be happy 

1m aythe Inka better ani thinking 

[Aamphat]

Inka sale kaledha. annemo ma community chala hot pettageney vellipothadi annadu

[DallasKarreBaluu]

On 8/21/2025 at 12:31 PM, Sonu_Patel said:

Good home, evaranna local VA lo interest unte offer veseyyandi.. 

It will help their move to India. 

https://www.zillow.com/homedetails/114-Elmsley-Ln-Stafford-VA-22554/337844419_zpid/

 

 

@Sonu_Patel anna evaru konnadam ledu price tagginchamanu 

[DallasKarreBaluu]

On 8/22/2025 at 11:12 AM, kevinUsa said:

Loan Details

• Home price: $650,000

• Down payment (5%): $32,500

• Loan amount: $617,500

---

1. Mortgage (Principal + Interest)

At 3% for 30 years on $617,500:

👉 ≈ $2,605/month

---

2. Private Mortgage Insurance (PMI)

Still required (since <20% down), but slightly lower because loan is smaller:

• ~1% × $617,500 = $6,175/year ≈ $515/month

---

3. Homeowners Insurance

Average in Virginia: ≈ $150/month

---

4. Property Taxes

At ~1% annually:

• 1% × $650,000 = $6,500/year ≈ $542/month

---

5. Maintenance & Repairs

Using 1% rule:

• $6,500/year ≈ $542/month

---

📊 Monthly Cost Summary

Component	Monthly
Mortgage (P+I)	$2,605
PMI (if <20% down)	$515
Homeowners Insurance	$150
Property Taxes	$542
Maintenance Reserve	$542
Total (with PMI)	$4,354
Total (no PMI)	$3,839

---

6. Cumulative Cost (2022 → mid-2025, ~36 months)

• With PMI: 36 × $4,354 ≈ $157,000

• Without PMI: 36 × $3,839 ≈ $138,000

---

✅ Final Answer (for $650k, 5% down, 3% interest):

• Mortgage-only: ~$2,605/month

• All-in (with PMI, insurance, taxes, maintenance): ~$4,350/month

• Total paid so far (3 years): ~$157k (with PMI) or ~$138k (without PMI)

anna entha petachu house ki

[DallasKarreBaluu]

@Sonu_Patel chowrastha anna videos cheyadam ledu enduku illu evadu konnadam leda ?

cc @JANASENA