Great Financing is Available
Low monthly costs, including maintenance and taxes, make owning a home at Teaneck gardens more affordable than renting!
Own a beautifully renovated home for less than you pay in rent? Teaneck Gardens offers buyers the potential to own their home and be part of a thriving community at an incomparable value. See our sample cost analysis below. For specific information on our residences, financing, monthly costs and more, please contact our sales team at 201.833.2498.
1 Bedroom Monthly Payment Breakdown |
2 Bedrooms Monthly Payment Breakdown |
|
... Purchase Price |
$110,000 |
$199,000 |
... 10% Down Payment |
$11,000 |
$19,900 |
... Loan Terms |
30-year fixed at 4.625% |
30-year fixed at 4.625% |
... Co-op Loan Payment |
$509 |
$921 |
... Maintenance (Includes Real Estate Taxes) |
$516 |
$674 |
... Mortgage Insurance |
$40 |
$73 |
... Gross Monthly Cost |
$1,065 |
$1,668 |
The interest portion of co-op loan payments and a portion of the maintenance is tax deductible. Speak to your accountant about tax implications of purchasing in your case.
1506 West Terrace Circle � Teaneck, NJ 07666 � (201) 833-2498
Design by: QuallsBenson