Depends on how you financed the payments, and what time period you were looking at to pay it off in.
Ball Park.. something like 30 year, somewhere between like $600-900 monthly
Want to know what our monthly house payment will be owing 217000.00 on a 30 year loan at 4.5%
That is one heck of a good question, what is the average monthly house payment, visit this website and you well get the answers that you want. No I am just kidding, the average monthly house payment would her $900. It all depends on what kind of house you want to buy. A big house it would be more, a little house it would be less.
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.
To calculate the monthly payment for a house priced at $309,900 with a 20% down payment and a 30-year fixed mortgage at a 6% interest rate, first determine the down payment amount, which is $61,980 ($309,900 x 0.20). This leaves a loan amount of $247,920 ($309,900 - $61,980). Using a mortgage calculator or formula, the monthly payment would be approximately $1,489. Note that this calculation does not include property taxes, insurance, or other fees.
That is debatable, but in the long run, you would probably be glad you made a bigger down payment, and have smaller monthly payments.
Want to know what our monthly house payment will be owing 217000.00 on a 30 year loan at 4.5%
That is one heck of a good question, what is the average monthly house payment, visit this website and you well get the answers that you want. No I am just kidding, the average monthly house payment would her $900. It all depends on what kind of house you want to buy. A big house it would be more, a little house it would be less.
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.
If you cannot afford to pay your monthly house payment it would benefit you to remortgage it for what you owe on your house if it would cut down your payment enough so you could afford it.
Either the monthly payment would have to increase or the period of the loan.
That is debatable, but in the long run, you would probably be glad you made a bigger down payment, and have smaller monthly payments.
To calculate the monthly payment for a house priced at $309,900 with a 20% down payment and a 30-year fixed mortgage at a 6% interest rate, first determine the down payment amount, which is $61,980 ($309,900 x 0.20). This leaves a loan amount of $247,920 ($309,900 - $61,980). Using a mortgage calculator or formula, the monthly payment would be approximately $1,489. Note that this calculation does not include property taxes, insurance, or other fees.
Buying or renting is a personal decision. However in many places you can buy and have a lower monthly payment than you would if you rented.
500 dollars
Remortgaging a home can lower a monthly house payment. With today's lower interest rates one can save hundreds monthly on a mortgage. Shortening the mortgage term is another reason to remortgage. With lower interest rates one can keep the same mortgage payment, but the length of mortgage is shortened. While the monthly payment may remain the same, the overall term of the loan is decreased.
If you would like it to continue then you should make the next monthly payment.
Based on a 5.45% fixed rate, your monthly payment would be $1298.71