Buying a house

I'm deciding to live in Newark New Jersey and work in marketing. I want to live in Newark because it is 30 minutes away from Manhattan New York which is where major companies are located.
This is a list of things that I am looking for in a house and things that don't really matter to me when it comes to buying a house.
Address: 171-173 Woodside Ave, Newark City, NJ 07104.

House price: $150,000

Down payment: $30,000

Property taxes: $3,075

Title insurance: $1150

Processing fee: $1500

Total Amount Paid at Closing- $456,765
My monthly mortgage payment is $573. My monthly income is $5,000 which makes my monthly mortgage payment 12% of my monthly income.

Credits:

Created with images by Boston Public Library - "Greetings from Newark, New Jersey"

Report Abuse

If you feel that this video content violates the Adobe Terms of Use, you may report this content by filling out this quick form.

To report a Copyright Violation, please follow Section 17 in the Terms of Use.