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Based on my experience in Illinois, your 30 year fixed mortage principal, interest, taxes & insurance monthly payment will be approximate 1% of your mortgage principal. So, if your mortgage principal is $250,000 less down payment plus interest plus taxes plus interest, your monthly payment will be about $2,500.
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How much does an average US home mortgage cost?
The average United States home mortgage will depend on the location, age and size of the house. In February 2013, the average house in the United States cost $152,000. As for the actual mortgage rate, that will depend on the length and type of mortgage one gets. On average, a 30 year fixed rate would be about 4.2%.
What is the average cost of monthly mortgage in US for 2008?
depends on your loan
Who pays the loan on my mother's house after her death?
The estate pays the cost to maintain the estate. The house may have to be sold if the mortgage cannot be paid. If someone wants the house, they may wish to pay the mortgage.
What is the average cost of mortgage insurance?
The best way to find out the average cost of morgage insurance is to talk to a local bank. Another way is to go on websites that will have such information and determine the average cost.
What would the average year fixed rate mortgage cost?
The average of a 30 years contract would cost about 3.57 percent of the available capital. The average of a 15 years contract would cost about 2.72 percent.
How much does a new 2 story house cost?
250000 is average
How much does an average US home mortgage cost?
The average United States home mortgage will depend on the location, age and size of the house. In February 2013, the average house in the United States cost $152,000. As for the actual mortgage rate, that will depend on the length and type of mortgage one gets. On average, a 30 year fixed rate would be about 4.2%.
How much does homeowners insurance cost in Texas on a 250000 house?
One thousand eight hundred dollars
What is a good way to get a cheap home mortgage?
A good way to get a cheap home mortgage is by buying a home that is small. The larger the house, the more the mortgage will cost. The mortgage depends on the size of the house.
What is the average cost of the existing home mortgages in America today?
The average cost of an existing home mortgage depends on several items. Interest Rate Closing Cost Length of mortgage or term of mortgage The amount of the mortgage. If you can provide more details to the question I will provide you with a complete answer. I have one question for you. Are you asking the question of; what is the average closing cost of an existing mortgage in America Today. If that is your question, the answer is 3-5% of the loan amount. Frank Thomas Sr. Loan Consultant www.lowermymortgageratestore.com
What is the average cost of monthly mortgage in US for 2008?
depends on your loan
where can I get a forklift certification and what is the cost or is there someplace where I can get it for free?
The PMI for a loan of 250000 will be about 3750. This is just an estimate,you will need to speak with your mortgage professional The most affordable way is for you to complete the training online
What is the average mortgage for new homes in Dallas TX?
The cost for the average mortgage on a new home in the city of Dallas, TX can vary depending on a person's credit history. The average mortgage at a 4.8% APR is between $1000 and $1200.
How much did a house cost in 1905?
The average house cost $4,690 in 1905. The average cost of a car in 1905 was $1,450.00. The average cost of a loaf of bread was 0.04.
How do you calculate your house mortgage?
Calculating your house mortgage can be a pain. Here are some easy steps: know your house's cost, and subtract the percentage you paid, then divide that by the lenght of your mortgage loan (amount of years you have to pay), last multiply that by your interest rate.
What was the cost of a house in 1959?
The average cost of a house in 1959 was about $12,400.
Who pays the loan on my mother's house after her death?
The estate pays the cost to maintain the estate. The house may have to be sold if the mortgage cannot be paid. If someone wants the house, they may wish to pay the mortgage.
