689/month, principle, interest, taxes and pmi. We have a 30yr mortgage, 5% interest, we put 5% down in 2009 on $70,000 house. I would guess we are lcol.
Post by imojoebunny on Sept 25, 2015 15:07:07 GMT -5
$3500. The actual loan isn't so bad, but our taxes are $1300 a month, more than the total monthly cost of my first house, including taxes, PMI, and insurance.
$1180 total/month. It's almost all interest at this point since we've only been here 3 years, but we got a VA loan and so put $0 down and don't pay PMI, which is sweet.
$1800/month PITI. We paid $305k and put only 3.5% down. However, we've since refinanced out of an FHA loan into conventional, and since the market had gone up significantly, we were able to do away with PMI.
$865/mo for a $118k house. Put down nothing (USDA loan). Not sure the breakdown, but it has gone up $100/mo since we bought 2 years ago because our taxes went up like 80%
Paid $675k, put down $360k, mortgage is $315k and I think around $1800 a month but we pay an extra $200 to go towards principle. It's a 30 year mortgage.
We did but we mainly refi'ed to get rid of PMI and decided the payment was liveable and the interest rate was better on a 15. Current loan: PITI- $2041 on a loan amount of $238500 15-year, 3.125%
Previous loan: PITI+PMI- $1617 for loan amount of $245500 ($258k house with 5% down) 30-year, 3.75%, $121/mo. PMI
Post by redpenmama on Sept 25, 2015 17:02:57 GMT -5
Rent is $1360 for a 2200-sq-ft SFH, 4 br/3.5 ba
New mortgage should be in the $1700 range for principal/interest/insurance/taxes (no PMI) assuming interest rates don't skyrocket between now and when we can lock in.
page, my mortgage isn't even high. We just live in a terrible area, we are under water because we bought in 2007, the schools suck, the neighbors suck, and we want to move. And when that finally does happen our payment will be probably 2.5x what it is now. And we will probably have to walk away from this house, so our credit will be fucked up.
I'm really sorry. That wasn't too far off from our situation in Atlanta.
Piti is $1026. $60 of it is PMI which we hope to be rid of next year. $300 of it goes to escrow for taxes and insurance. We are paying extra, anywhere from $200-600 depending on overtime. Our goal is to pay it off in 15 years but it's a 30 year loan. 3 bed 2 bath..lcol.
$155,000, 10% down, 3.375 30 year loan. We used other cash to remodel.
We bought at the perfect intersection of bottomed out prices and interest rates. And we bought our house on an auction. It's worth a lot more than we paid for it.