S/O Nosy housing post: Your mortgage/rent

[ssmjlm]

Old mortgage was $1605/month. Includes PMI/Ins/Taxes

Apt rent is $1000/month, renters insurance was $155 for the year.

New mortgage payment will probably be $1900ish we're estimating.

[iheartbanjos]

Put 25% down. PITI is $3500 on a 15 year fixed. $560k house.

[sunshine608]

Paid 209 put down 10%. Our payment just went up to $1600 due to taxes increasing. We are getting an appraisial soon hoping to remove PMI and get it knocked down by about $200 a month.

We bought a foreclosure at the bottom of the market- but anticipate being able to have PMI removed fairly quickly based on what the house originally sold for.

[qcinoct]

nothing to see here

[simpsongal]

*poof*

[purplecow0206]

Our rent is $1900/month (includes utilities) for a 1000K sq ft, 2 bedroom/1 bath apartment in walking distance to the Metro. Not in great condition, but so long as we can still fit in it comfortably and they don't hike the price astronomically, we're sticking with it.

[rbp]

$1342 PITI. $264 monthly HOA dues. 2/1.5 condo in the city. Bought in 2008 with 100% financing.  (wilted)

[HoneySpider]

Our rent is $1770 for 1BR/1BA ~600 sq ft

[Deleted]

Sept 25, 2015 13:40:26 GMT -5 @simpledog said:

Did anyone refi from 30 to 15?

We did about 4 years ago.

[waterchurch]

I think I got scolded for answering this before, but we paid $355k and it is now paid off. Don't hate me.

[cjeanette]

Sept 25, 2015 13:44:52 GMT -5 waterchurch said:

I think I got scolded for answering this before, but we paid $355k and it is now paid off. Don't hate me.

If you tell my your interest rate was below 5% you are going on the spreadsheet.

[countthestars]

Poof

[july]

Sept 25, 2015 13:40:26 GMT -5 @simpledog said:

Did anyone refi from 30 to 15?

Yes. Two years ago. Went from 6.375% to 2.75% and knocked $200 off payment.

[spk926]

Monthly payment is $1600. That's mortgage and escrow. There is no PMI. Can't remember the rate we got but it was low and then because of my husband's company we got an even lower rate. We had the same payment at our old house we sold in 2014 but that was a 15 year loan and now we have a 30 year loan.

We put close to 40% down on a $400k house.

[lishie]

We refinanced about $130,000 in 2012 at 2.9%. we signed on for a 12 year mortgage, and will be paid off when DS1 is in high school. Our mortgage doesn't include taxes or insurance. We pay those in a lump sum once a year.

The mortgage is $910/month.

Taxes are due every spring and are about $5,000 a year.

So I guess if you combine all together it's about $1,500 a month for everything.

[spk926]

Sept 25, 2015 13:40:26 GMT -5 @simpledog said:

Did anyone refi from 30 to 15?

At our old house we did. We bought in 2008 with a 30 year loan and then refinanced in 2010/11 (can't remember) to a 15 year. Then we sold it and moved in 2014 anyway and now we're back to a 30 year loan BUT our house doubled in size, and we got a lot more and because we went from 15 to 30 our payments are actually almost the exact same!

[bcv513]

Financed 328k. PITI is 1990/month

[krystee]

$1,780 rent (3BR, 2 bath house) plus $400/month to make up what the rent doesn't cover on the house we own but rent out. I cannot WAIT until we can sell. The market has recovered enough that we are $20K underwater instead of $50K, so it's getting better.

[formerlyllizzyb]

We put down 5% on 185,000. We paid pmi upfront also. Our PITI is $1150.

[moopoint17]

$2700+ PIT. We put 25% down.

[Marmee]

Poofity poof 

[dcn]

We rent, and are living on post right now. They charge what his BAH IS, which here is $1785 a month. Our house is a duplex, built in 1908, 3 bed 1.5 bath, 1200 sq ft.

[Deleted]

Paid 180k, 20% down, 15yr fixed mortgage and will be paid off in 2020. 1400/mo total.

[CrazyLucky]

We bought in 2005. Not the smartest. The house was $208k and we'd be lucky to get that back now. Our mortgage, including insurance and taxes, is around $1150/month. We pay an extra $200/month in on the principal. If we don't move and continue this pace, we will pay it off in about ten years. DS will be 15 when we pay it off and DD 13, which means the next several years's worth of mortgage payments will become college savings.

We did refinance from a 30 year to a 20 year in 2010. It brought down the interest by 1.5%.

[matildasun]

PITI is $740/a month. Our last payment will be in February.

[bowies]

PITI is $1790. No PMI.

[rikki]

$3800 for our Boston house including property taxes of about $9k a year

Zero for our Chicago place but have $400 month assessment and about $6k taxes

[catbus]

$1850 PITI for a $285k mortgage. 5% down @3.25%, includes ~$220 in PMI that we can drop in 2017 (bought in 2011 @4.25%, refinanced in 2012 to 3.25%, so we're going to end up paying PMI for six years total, but the APR change made the extra $2600 in PMI worthwhile). 

[pinkdutchtulips]

Approx 1700 for an 800 sf 2/1 an hr east of SF

Rent includes- base rent, pet rent, water, pest control, garbage and sewer

If you look up my apt online - they're advertising it for rent for 1800-2000/month BEFORE any additional fees

[kadams767]

We paid $250k, put 20% down, and pay P&I monthly of $850. We don't escrow for taxes and insurance directly, but that's another $600/month or so, so $1450 total.