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4 Jan 2018

You purchase a home for $69,750 at 6.5% for 30 years. The property taxes are $2,450 per year, and the hazard insurance premium is $256 semiannually. Find the monthly PITI payment.

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Casey Durgan
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5 Jan 2018
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Related questions

Go and buy that house for 400,000, put down 10% upfront, finance it at 4% fixed for 30years. a)what is the monthly principle and interest? b)if real estate taxes are $12000 per year and annual insurance is $1200 per year, what is you total monthly mortgage (PITI)?

Go and buy that house for 400,000, put down 10% upfront, finance it at 4% fixed for 30years. a)what is the monthly principle and interest? b)if real estate taxes are $12000 per year and annual insurance is $1200 per year, what is you total monthly mortgage (PITI)?

b) If your yearly taxes for the building will be $2,500 and the insurance for the building will be $1,900 per year, what will the total of the PITI for the mortgage be? c) Compute what the unpaid principal balance will be after you’ve made three payments on the mortgage. d) What will the new annual taxes on the property be if the assessed valuation is 60% of purchase price and the new tax rate is 1.90 per $100 of assessed valuation?

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