Close It!™ House of the Week: Get it before it's gone

Close It!™ House of the Week: Get it before it's gone
Close It™ is the free Web and iOS app that calculates cash to close for buyers and cash in pocket for sellers.

For this installment of our House of the Week series, we’re checking out a great condo option for a first-time homebuyer. Just a stone’s throw from the Columbia Heights action on 14th Street and two blocks from Metro, it’s got incredible location. It’s listed for $349,000.

An open floor plan makes for a very versatile 590 square feet in this 1BR/1BA unit. The updated kitchen features granite counters and stainless steel appliances. The unit also has two large closets and comes with additional storage. The building features a roof deck that boasts beautiful city views.

Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $79,664.77. Monthly payments will then be around $1,733.49 including the HOA. For a complete picture of the cash to close, including the seller’s side of a transaction like this, try the Web version of Close It™ or download the free Close It™ iOS app.

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