PRINCIPAL AND INTEREST PAYMENTS: To calculate a basic mortgage amount of principal and interest payments you need only fill in the number of years, the interest rate, and the loan amount. Press Calculate for your answer.
PROPERTY TAXES AND INSURNCE: If you would like an estimate of your monthly costs including real estate taxes and/or insurance fill in the next two lines. Annual property taxes are normally about 1% of the selling price of the property plus additional amounts that vary from area to area. If you figure an extra hundred or so you probably will not be far off. The basic taxes can increase by no more than 2% per year.. The annual cost of insurance can vary considerably depending on the nature and amount of coverage, the insurer, and the type of property and usage.
Please be sure to Contact Us regarding financing and real estate questions or for referrals to dependable lenders. It is very important to choose a competent, professional lender. Coldwell Banker Mountain Gate Properties for Mount Shasta Real Estate and all of Siskiyou County.