Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

Mom Confessions Mom Confessions

House costs

Anonymous
Posted by Anonymous
  • 23 Replies

Ok I have a question.  My DH and I are looking at buying a house right now.  What would a round about house payment be on a 300,000 dollar home.  I can not figure out how they are working the payments.  I know insurance will be 200 a month and taxes will be around 300 a month.  So I was hoping someone with a simular home will be able to help


ETA: interest rate 3.34 and 0 down we are doing a VA loan so that will the the loan amount.

Posted by Anonymous on Jan. 18, 2013 at 2:35 PM
Add your quick reply below:
You must be a member to reply to this post.
Replies (1-10):
MrsDavidB25
by Stacey on Jan. 18, 2013 at 2:36 PM

 It depends on your interest rate also.

anotherhalf
by on Jan. 18, 2013 at 2:36 PM

Do you know the interest rate?  There are mortgage calculators on the web that will help you figure out your payments.

Anonymous
by Anonymous 2 on Jan. 18, 2013 at 2:37 PM



Quoting anotherhalf:

Do you know the interest rate?  There are mortgage calculators on the web that will help you figure out your payments.


audreesmama
by on Jan. 18, 2013 at 2:37 PM
How much is your down payment? And interest rate?
Posted on the NEW CafeMom Mobile
Anonymous
by Anonymous - Original Poster on Jan. 18, 2013 at 2:37 PM

3.34 I think.  I have tried the calculators but I get a different answer with every calculator.

Quoting anotherhalf:

Do you know the interest rate?  There are mortgage calculators on the web that will help you figure out your payments.


Anonymous
by Anonymous 3 on Jan. 18, 2013 at 2:39 PM

we pay  1360 a month on a 160,000 home thats insurance and taxes included.

jakesmom323
by on Jan. 18, 2013 at 2:39 PM
Use a mortgage calculator online. It would be around 2k a month though.
Posted on the NEW CafeMom Mobile
edelweiss23
by on Jan. 18, 2013 at 2:39 PM
It depends on your interest rate and down payment. The higher your down payment, the lower your monthly payment.
Posted on the NEW CafeMom Mobile
Anonymous
by Anonymous 4 on Jan. 18, 2013 at 2:39 PM
Depends on interest rate, term, down payment, etc.

Our house was $295K and we pay $2K and change each month. Our taxes are a lot higher than $300, though.
Anonymous
by Anonymous - Original Poster on Jan. 18, 2013 at 2:40 PM

What is your insurance and taxes?

Quoting Anonymous:

we pay  1360 a month on a 160,000 home thats insurance and taxes included.


Add your quick reply below:
You must be a member to reply to this post.
Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)