Whats Your Monthly Mortgage Payment(sort of inspired by Mamu)

[CamColt]

I figured Id do a poll so people can remian anonymous.

 

[Mermaid02]

This is our second house (built the first one out of pocket) so when we sold #1 we had enough $$ to put down 1/3 of the total value of the house... plus pay off my car and a home equity loan we had out. Building the first one took 5 years.... but in the long run it was worth it. Our home will be paid off in 2010. Also we pay every 2 weeks.....

 

[becka]

With insurance and taxes our monthly payment is just shy of $900.

 

[Tony-NJ]

We just moved in in March. We had a condo before this with a mortgage under $800. Now it's more than doubled!!!

 

[damo]

you need an "all paid up" choice!

 

[Tarheel Tink]

$275.27!!!
Can't beat private financing with a friend! Will be paid off in 2 1/2 years, Woo Hoo!

 

[AirForceRocks]

$458 - principal, interest, taxes and insurance.

 

[Gail T AGAIN]

Wow, I thought I had it low, principal interest and taxes $738.00. I couldn't rent a one bedrom apartment for that and I have 8 rooms, some people are lower.

 

[Mamu]

LOL I didn't realize what I owe on my home would be cause for it's own thread.

Seeing your asking, we refinanced our home 20 years ago at that time we were paying $84.04. After refinancing our payments went up to $184.12. This is without taxes we pay them ourself. We are on the 19th year of a 20 year loan. I plan on making the final payment in December.

 

[CamColt]

Wow! I cant believe how low some of these are! You guys are so lucky! Now I can understand how people can afford to put a large percentage of their pay into retirement funds.

We were in a situation similar to Tony. DH had bought his mothers house. It was a small old house. Our payment was 800 something. Then we sold that house to move up(had to give some of the money to MIL ), and bought a brand new home. Now our payment is almost double what were paying!

 

[SeaShelley]

Our payment also includes taxes and we pay every two weeks. We are scheduled to pay off our house in 2015....then I'm retiring!

 

[SENATOR K.]

WOW; I agree with CamColt. We don't have many friends up in Mass. without mortgage payments of at least $2,000. Housing prices here are just through the roof. We pay $3500/month !!!!

 

[catsrule]

750.00, includes taxes and insurance. We put a little over 1/2 down on it....12 years to go.....