Let's break down the monthly cost to live in this 2 bed, 1 bath condo in the Seward neighborhood of South Minneapolis.
Purchase price - $190,000
Down payment - $9500
30 year fixed rate - 6.65%
Principle and interest - $1159
Taxes - $146
HOA - $440
Private Mortgage Insurance (PMI) - $69
Total Monthly Payment - $1814
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Major neighborhood road closure