We’re venturing downtown this week for a glimpse at a 1-bedroom, 1-bathroom condo with floor-to-ceiling windows that offer amazing views from their perch on the 12th floor. It’s listed at $440,000.
This unbeatable location is in close proximity to the Chinatown, Union Station, Judiciary Square and Convention Center Metro stops. The building has garage parking. And the unit itself offers wood floors and granite countertops as well as an in-unit washer-dryer.
Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $101,039.80. Monthly payments will then be around $2,354.13 per month, including the HOA fee. For a complete picture of the cash to close on any property in the D.C. metro area, including the seller’s side of the transaction, try the Close It™ Web app or download the free Close It™ iOS app.