REALTOR Sam Miller of REMAX Stars Realty provides some basic sample mortgage payments for a $50000 loan including just the principal and interest. This video is an example of the base monthly loan payment for a $50000 loan amount financed on a 30 year term with a 5% fixed interest rate. The first time home buyer tax credit when combined with these low interest rates makes it an ideal time to purchase a home. This sample monthly payment is for example purposes only and neither Sam Miller nor REMAX Stars Realty are offering mortgage financing.
http://www.youtube.com/watch?v=c67Z8Qo8ELY&hl=en
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