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so i have 182,000 house price..then i will down 7,000 how much will be my monthly with an interest of 3.75% in 30yrs term..pls include all other xpenses like insurance and taxes..guess would be fine..atleast it gives me an idea..around how much for everything every month?thanks in advance

4 Thoughts on Help with to calculate my house payment?
  1. Reply
    July 23, 2012 at 12:02 am insurance prices vary on location and company, as do taxes..what I pay in the Midwest is going to vary from other places. Talk with your Realtor, she should have given you paperwork with all of that information on it.

  2. Reply
    Steve D
    July 23, 2012 at 12:19 am

    Principal and interest will be about $ 810 a month. Taxes could be anywhere from $ 100 a month to $ 300 depending on where you live (you can ask the current homeowner how much they pay a year and divide by 12). Insurance also varies – figure $ 75 a month. And you will also pay PMI which will be $ 60 – $ 75 a month.,

    Using $ 200 a month for taxes, figure $ 1,150 – $ 1,200 a month for PITI/PMI

  3. Reply
    July 23, 2012 at 1:10 am

    The other 2 answers are good and I’ll add to the suggestions as well. Heck, do a search for home loan financing and just about any site will have these calculators. Talk to your insurer to get an estimate of what they’ll charge you for insurance since that will vary a lot by area and by insurer.

  4. Reply
    July 23, 2012 at 1:47 am

    between 955 and 1200 a month, depending on the number of years.

    REMEMBER. This is principal and interest only. For best insurance rates lump all of your insurance needs with the same carrier: car, house, boat, camper, motor cycle.

    Taxes (Escrow): Th monthly amount that you have to put into escrow, FOR THE FIRST YEAR of your mortgage, will be based on the most recent assessment done by the local assessor’s office. Contact the assessor’s office for this number. add it to the 955 or 1200 above, together with your homeowners insurance, to determine your monthly payment.

    NOTE: The sale of the house (your purchase) authorizes the assessor to come out and re-assess the house. Undoubtedly is will be assessed higher than the last assessment, and your contribution to the escrow account will go up next year.

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