video1.0<iframe src="https://www.loom.com/embed/ed49ad1d724c45638a03a7f7f19b6c56" frameborder="0" width="1864" height="1398" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>13981864Loomhttps://www.loom.com13981864https://cdn.loom.com/sessions/thumbnails/ed49ad1d724c45638a03a7f7f19b6c56-ab13ae5e49086373.gif220.5523In this video, I walk you through three financing scenarios for a property priced at $1,600,000, based on different down payment percentages: 20%, 30%, and 40%. For a 20% down payment, the loan amount would be $1,280,000 with a total monthly payment of $9,545, requiring about $344,000 to close. The 30% down option results in a loan of $1,120,000 and a monthly payment of $8,482, needing around $505,000 to close. Lastly, with a 40% down payment, the loan would be $960,000, with a total payment of $7,523, and about $660,000 needed to close. If you have a different down payment scenario in mind, such as less than 20% or zero down for veterans, please reach out so I can customize a breakdown for you.