This week we head just across the DC / Maryland border to a townhouse adjacent to the woods in Silver Spring. The location provides convenient access to the trails of Rock Creek Park as well as shops and nightlife in Downtown Silver Spring. It’s listed at $464,950.
The unit has 2 bedrooms, 3.5 bathrooms and 2 fireplaces. The kitchen is spacious with stainless steel appliances, and the house also comes with a home warranty.
Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $106,746.02. Monthly payments will then be around $2,558.31 per month, including HOA dues. For a complete picture of the cash to close, or for a run-down of the seller’s side of the deal, plug the numbers into the Web version of Close It™ or download the free iOS app.