These can fluctuate. Check the local millage rate in your specific zip code. π Step 2: Location vs. Square Footage
Research local zoning. Is a new park being built nearby, or will a skyscraper soon block your only window's light?
Is this for , or is it strictly an investment property ? What is your estimated budget range ?
Aim for 20% to avoid Private Mortgage Insurance (PMI), though many programs allow for 3% to 5%.