answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is included in an monthly mortgage payment?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What affects the size of your monthly mortgage payment?

Your monthly mortgage payment is affected by the amount of the loan, the interest amount, and the length of time of the mortgage.


Does a timeshare have to be included in your debt to income ratio when applying for a mortgage?

If you have a monthly payment, then the amount needs to be included. The lender is doing this so that they know you have the money to pay the mortgage, and that you are not financially overextended.


What is a monthly payment called?

Amonthley payment on a house is called a "Mortgage"


What companies offer a monthly payment mortgage calculator?

Many global companies offer a monthly payment mortgage calculator. Some of them are banks, financial support companies, and mortgage loaner companies.


What is a mortgage payment calculator?

A mortgage payment calculator will calculate your monthly mortgage payments. You can find a full list of helpful information at: www.bankrate.com/calculators/mortgages/mortgage-calculator.aspx


For what would one use the Coldwell Banker mortgage calculator?

You would use a Coldwell Banker mortgage calculator to estimate your monthly payment on a mortgage. To estimate the monthly mortgage payment you need to enter the purchase price, down payment, interest rate, property taxes, insurance, and mortgage term.


What are two things that are included in your monthly mortgage payment?

Interest and a portion of the principal balance. Often banks will escrow your insurance and tax payments as well.


What is a monthly mortgage payment?

A Monthly Mortgage payment, would be the repayment of a loan taken with a bank or lending firm, when buying a house or property. For example, if you borrowed $250,000 to buy a house, with an interest rate of 3%. The estimated monthly mortgage payment would be 1,054.01 per month, for 360 months.


Where can one get information on how to get a lower monthly payment on a mortgage?

There are many ways in which one can gain information on how to get a lower monthly payment on a mortgage. The most reliable way is to go to your bank for advice.


How much is a monthly mortgage payment?

That depends on the cost of the property and the interest rate of the mortgage. There are websites with mortgage calculators.


How do you use a mortgage calculator to figure your necessary down payment?

A mortgage calculator will allow you to put in the amount that you wish to borrow from the bank along with the interest. It will then tell you the monthly payment. The monthly payment will adjust as you increase or decrease the amount of the down payment.


What is the difference between a mortgage and monthly rent?

Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.