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Do most mortgage calulators include taxes and insurance?
Posted on 10/3/12 at 6:13 pm
Posted on 10/3/12 at 6:13 pm
I'm looking on a site right now and put in 4% for a 30 year loan and it shows the monthly payment. We'll be in the market for a home hopefully next fall. We'll net around 5 to 6k a month and trying to figure a ballpark range price of houses to begin our search.
5
Posted on 10/3/12 at 6:44 pm to wegotdatwood
No
Posted on 10/3/12 at 6:48 pm to wegotdatwood
Zillow's mortgage app does. It gives estimates of what the taxes and insurance will be and gets very close where I live.
Posted on 10/3/12 at 7:38 pm to wegotdatwood
[link=(mlcalc.com)]LINK[/link]
This has a place for taxes and insurance.
This has a place for taxes and insurance.
Posted on 10/3/12 at 8:20 pm to wegotdatwood
Thanks, will look that up. Any ball park range on what you would be comfortable spending with the loan, insurance, and tax with that income?
Posted on 10/4/12 at 7:34 am to wegotdatwood
25% of your take home would be a starting point
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