Signature International Premier Properties, LLC
Sophisticated White Glove Service
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Mortgage Payment Information
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Since you are putting LESS than 20% down, you will need to pay PMI (Private Mortgage Insurance), which tends to be about $55 per month for every $100,000 financed (until you have paid off 20% of your loan).
This could add to your monthly payment.
Insured Monthly Payment:
Residential (or Property) Taxes are a little harder to figure out... the average residential tax rate seems to be around $14 per year for every $1,000 of your property's assessed value. Let's say that your property's assessed value is 85% of what you actually paid for it - . This would mean that your yearly residential taxes will be around .
This could add to your monthly payment.
TOTAL Monthly Payment: