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

(minimum 6 characters)

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 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 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 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)



Featured