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$300k First-Time Buyer Condo: Offer & Budget Calculator

A condo with 3.5% down and $350 in monthly HOA fees.

Cash needed at closing

$19,500

Monthly payment (all-in)

$2,766/mo

Housing DTI

38.7%

Monthly cash flow

$1,434

Assumes 3.5% down, 6.6% rate on a 30-year loan, 1% property tax and $9,000 in closing costs and repairs.