ARCHITECT CLIFF MAY
This home's designer was famous architect Cliff May, best know for developing the suburbank Post-war "dream home", the California Ranch House, and the Mid-century Modern. Learn more about Cliff May here.
This is your principal + interest payment, or in other words, what you send to the bank each month. But remember, you will also have to budget for homeowners insurance, real estate taxes, and if you are unable to afford a 20% down payment, Private Mortgage Insurance (PMI). These additional costs could increase your monthly outlay by as much 50%, sometimes more.
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