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What other costs are there in purchasing a home besides that actual mortgage payment?
The two biggest, often a part of the monthly payments, are taxes and insurance. There will be the utilities for the property depending on how improved it is. The maintenance is one factor often forgotten about, the roof has to be replaced, Plumbing fixed and appliances have to maintained or replaced as well.
There are many other expenses associated with home ownership:
- insurance,
- property taxes,
- municipal fees (such as water, sewer, trash),
- utility bills (electric, heat, phone),
- repairs and maintenance,
- outdoor maintenance equipment (lawnmower, rakes, shovels, hoses, etc.),
- home improvements, etc.
There are many other expenses associated with home ownership:
- insurance,
- property taxes,
- municipal fees (such as water, sewer, trash),
- utility bills (electric, heat, phone),
- repairs and maintenance,
- outdoor maintenance equipment (lawnmower, rakes, shovels, hoses, etc.),
- home improvements, etc.
There are many other expenses associated with home ownership:
- insurance,
- property taxes,
- municipal fees (such as water, sewer, trash),
- utility bills (electric, heat, phone),
- repairs and maintenance,
- outdoor maintenance equipment (lawnmower, rakes, shovels, hoses, etc.),
- home improvements, etc.
There are many other expenses associated with home ownership:
- insurance,
- property taxes,
- municipal fees (such as water, sewer, trash),
- utility bills (electric, heat, phone),
- repairs and maintenance,
- outdoor maintenance equipment (lawnmower, rakes, shovels, hoses, etc.),
- home improvements, etc.
What else can I help you with?
What is your mortgage payment?
A mortgage payment is an agreement entered into with a lender, which the borrower pays a monthly "mortgage" payment until the dept is repaid. To figure out what your actual payment would be, you can use many mortgage calculators, plugging in your specific interest rate and amount borrowed. See related links for the one I use.
What is the amortization schedule mortgage?
Amortization schedule mortgages are mortgages in which a person makes regular payments, usually monthly, to pay off a loan or mortgage. It is used by calculating the amount of a payment that goes toward the interest and how much goes toward the actual principal. It is used for determining how much of a payment goes toward paying off the principal.
What is the monthly payment on a home on Hibiscus Island in Miami?
First you need to know the purchase price of the home and then figure out the amount of the mortgage you will take out on it. Use a mortgage calculator (bankrate.com is a good one) to estimate what the payments will be. The actual payments will depend on what interest rate you get from your lender and what expenses you choose to include in the payment, such as property tax and home owners insurance.
Is Bank Mutual a mortgage company or an actual bank?
Bank Mutual is an actual bank although they can help you with your mortgage needs. You can bank in person or online with them.
What is the person who will do the actual purchasing of the stocks for you?
broker
How do you pay your mortgage off in two years?
Multiply the balance of your mortgage times your interest rate. Add this number to your balance. Divide by 24. Make that payment each month. This will get you close. Your very last payment will be off slightly so before your last payment, get a payoff statement(not a balance inquiry)to get the exact amount required to pay off your mortgage. For example: $100k * 7% = $107k $107k / 24 payments = $4458.33 per month. In this case, the ACTUAL amount needed to pay this would be $107,454.24 but that was figured using a financial calculator. In reality, the above example would leave you $454.24 short of a complete payoff on your last payment.
What is a real wage?
individual's actual purchasing power
The actual purchasing power of income is called?
Real wages
What are real wages?
an indication of an individual's actual purchasing power
How accurate is the BBC's mortgage calculator?
The BBC's mortgage calculator only provides an estimate of what your mortgage should be depending on the data you feed into it. There may be other factors which need to be taken into consideration before the actual mortgage is calculated.
What is the difference between purchasing and procurement?
Procurement is concerned with the overall gathering of resources, while purchasing is the specific act of acquiring something by paying money for it. Purchasing is one form of procurement.
What are some services provided by East Mortgage?
There is no actual mortgage provider named "East" but there is one called East West Mortgage, based in Massachusetts and Great East Mortgage, located in Maine and New Hampshire. As the names suggest, they provide all the usual services offered by a mortgage provider.
