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re: Could you help me understand taxes and my rental property?
Posted on 3/11/16 at 10:42 am to StringedInstruments
Posted on 3/11/16 at 10:42 am to StringedInstruments
I'm a little curious about something. You seem to have a fairly large mortgage, but pay very little in insurance in taxes (IMO). Are those amounts accurate?
With a mort. payment(PITI) of $1120 and only paying $200/mo in TI leaves you with an expensive mortgage. What is the term on the mortgage?
Would a refi be worth exploring?
With a mort. payment(PITI) of $1120 and only paying $200/mo in TI leaves you with an expensive mortgage. What is the term on the mortgage?
Would a refi be worth exploring?
1
Posted on 3/11/16 at 10:48 am to Oenophile Brah
Mortgage without the extras is $795/month. $173 for PMI. $70 for property taxes. About $90 for insurance.
30 year. Refinanced in 2013.
30 year. Refinanced in 2013.
This post was edited on 3/11/16 at 10:49 am
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