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Monthly mortgage payment

Posted on: 09th Apr, 2013 08:56 pm
What would be my monthly mortgage payment for a home of $250,000.00 for 25 years at an interest rate of 3.5%?
Hi Plud,

You can check out the given calculator in order to know what your monthly mortgage payments will be like: http://www.mortgagefit.com/calculators/howmuch-pay.html .

Thanks
Posted on: 09th Apr, 2013 09:14 pm
Hi Plud!

Welcome to the forums!

Well, as per the above mentioned calculator, if I consider that your annual property tax is $2500 and if you pay annual homeowners insurance of 300, then your total monthly payment will be around $1485.

Feel free to ask if you've further queries.

Sussane
Posted on: 10th Apr, 2013 07:45 pm
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