2125 McKinley Ave Springfield Twp. OH 45224

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2125 McKinley Ave

Springfield Twp., OH 45224

Suburb: Springfield Twp - West

$8,500

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Buildable lot. Cul-de-sac street. County parcel 590-0350-0689, 26' X 100', 0.057 acre.

Directions

2000 blk of North Bend Rd to N on Simpson to W on McKinley

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Property Details

General Information

Property Type	Land
Style	Single Family Lot
Suburb	Springfield Twp - West
County	Hamilton
Zip Code	45224
School District	North College Hill C
MLS#	1764608

Features

Total Acres	0.06
Lot Dimensions	25X100
Easements	Of Record
Frontage	25
Elevation	Flat
Wooded	Partly
Cleared Acreage	0
Wooded Acreage	0
Water	At Street
Sewer	Public
Gas	At Street
Semi-Annual Taxes	$50.00

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You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

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Or if you know the price of the real estate and the loan amout and enter "0" for the down payment percentage, the calculator will calculate the down payment amount and percentage.

Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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60 months = 5 years
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360 months = 30 years

Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

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