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financing mint wood (encouragement from people (mike frith, tom harper,…
financing mint wood
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cost of build, rough estimates 95,000
architectural and other fees 10,000
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additional costs
car / fuel, kids to school etc
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cost
land 105 - 120,000
I have tentatively bid 100,000, he has said he would come down to 115,000, my feeling is that we could get it for 105,000
how
Mortgage
based on 200,000 3% over 30 years
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with a down payment of 20,000 - monthly payment reduced to 759
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