2005 Maximum Purchase Price Limits
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| Â Â Â Â Â Â 2005 MAXIMUM PURCHASE PRICE LIMITS | ||||||||
| SAN FRANCISCO INCLUSIONARY ZONING POLICY | ||||||||
| Income Definition: | STUDIO | 1 BDRM | 2 BDRM | 3 BDRM | 4 BDRM | |||
| Â | Â | Â | Â | Â | ||||
| 80% OF MEDIAN | $175,284 | $208,199 | $241,114 | $274,029 | $300,447 | |||
| Â | Â | Â | Â | Â | ||||
| 100% OF MEDIAN | $232,885 | $274,029 | $315,172 | $356,316 | $389,231 | |||
| Â | Â | Â | Â | Â | ||||
| 120% OF MEDIAN | $290,486 | $339,859 | $389,231 | $438,604 | $478,015 | |||
| Please note: These figures should be used only as estimates. Exact | ||||||||
| maximum purchase price limits are calculated by MOHCD on a case-by-case basis. | ||||||||
| Assumptions: | ||||||||
| 1. Down Payment: 10%. | ||||||||
| 2. Interest Rate: 6% | ||||||||
| 4. Estimated homeowner expenses includes Property Tax & Home Owner Dues. | ||||||||
| (See Reverse for Calculations) | ||||||||
| Source: U.S. Dept. of Housing and Urban Development, effective 2/10/2005 | ||||||||
| rev: 2/11/2005 | ||||||||