Local lenders are offering competitive owner occupancy financing. Assume 80/20 LTV with $55,839 down and financing $223,358 @ 6.5% and a 25 year amortization = $1508 monthly mortgage payment ($12.90 rsf) + $660 monthly condo fees and $3,984 annual real estate taxes. The unit is seperately metered and the owner pays the monthly usage.