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How much would taxes and homeowner's insurance be on a home purchase of $100,000 with less than 20% down? I am trying to estimate a total monthly payment (PITI) Thanks.

2007-07-08 09:51:25 · 3 answers · asked by angrycelt 3 in Business & Finance Renting & Real Estate

3 answers

The answer to your question depends intirely on where your home is located . The local tax's are determined by the local taxing enities. ( schools, city, county, state, hospitals, etc.)
As for the insurance, phone at least 5 different insurance agents, and if available, all of the independent insurance broker agent/s in the area of your home.
Uncle Wil

2007-07-08 10:04:40 · answer #1 · answered by Anonymous · 2 0

There's no possible way to say. Property taxes can vary substantially from one tax district to the next even in the same state. Homeowners insurance rates depend upon the construction of the property and the rating of the fire department legally obligated to respond to your home.

In San Antonio, TX you might have to pay as much as $3,400 in property taxes per year and around $600 or so for homeowners insurance. In Joplin, MO your taxes would probably be closer to $750 though your insurance might be a bit higher if you were outside the city limits.

2007-07-08 10:19:38 · answer #2 · answered by Bostonian In MO 7 · 1 0

I suggest one to try this website where you can compare quotes from different companies: http://INSUREQUOTE.US/index.html?src=5YAGFFICIeIa1

RE :How much would taxes and homeowner's insurance be...?
How much would taxes and homeowner's insurance be on a home purchase of $100,000 with less than 20% down? I am trying to estimate a total monthly payment (PITI) Thanks.
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2017-03-14 20:15:48 · answer #3 · answered by ? 6 · 0 0

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