How much would a house payment be including mortgage, insurance and PMI if your house mortgage is $ 195,000 at 4.5 % fixed?
Your approximate house payment for a $195,000 loan at a 4.5% fixed rate including insurance and PMI would be 1,351.87 per month.
Answered
by Matthew K.
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Yes,it is. ChaCha On!
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Independent Mortgage Co located at 10430 New York Avenue, Urb...
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About Mortgage
A mortgage is a loan that is secured by a property/house and is paid in installments over a set period of time. For buying homes, mortgage loans are used almost always around the world, only in rare cases are cash or other forms of credit used for payment. The word mortgage comes from a Law French term meaning ''dead pledge.'' This means the pledge ends when the obligation is fulfilled, or the property is taken through foreclosure.
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