does this mean the city's annual taxes? Or is that something different
2007-10-23 04:16:08 · 4 answers · asked by ♥ 3 in Business & Finance ➔ Taxes ➔ United States
Also, what is the average interest rate percentage?
2007-10-23 04:32:24 · update #1
No, that would be the interest rate you're paying on the loan.
2007-10-23 04:19:38 · answer #1 · answered by da_zoo_keeper 5 · 0⤊ 0⤋
The rate on the mortgage calculator is the interest rate of the loan. The number you get for "payment" is just principal and interest - PMI, taxes and insurance are in addition, and would usually be in the hundreds of dollars a month or more.
2007-10-23 05:12:44 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
A Mortgage Calculator does not include taxes, just interest. There is no way a mortgage calculator could do taxes because different localities have different rates which can change dramatically over time.
2007-10-23 04:19:38 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Use this it helps you with the full payment taxes, mortgage insurance everything, just change the numbers.
http://www.trackmy.com/mortcalc.htm?R_PRICE=534900
2007-10-23 04:25:32 · answer #4 · answered by simply-remember 5 · 0⤊ 0⤋