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What is the mortgage payment on a $100 000 house?

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admin
Date
2019-11-11 16:13
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170

What is the mortgage payment on a $100 000 house?






An example: If your mortgage balance starts out at $100,000 and your loan is written at 5% interest, the 30-year term requires a monthly payment of $536.83. Over 30 years, the total of all payments adds up to just under $193,259. That's a 93% premium in interest payments — on top of the mortgage balance