what is the mortgage payment on a 300,000 loan?
Gorilla Mike asked:
At today’s current interest rates (fixed rates), what would be my monthly mortgage payment on a $175,000 mortgage, and a $300,000 mortgage (refinance/second mortgage). We are currently coowners in the house and want to buy the other siblings out.
ELWOOD
At today’s current interest rates (fixed rates), what would be my monthly mortgage payment on a $175,000 mortgage, and a $300,000 mortgage (refinance/second mortgage). We are currently coowners in the house and want to buy the other siblings out.
ELWOOD
SYDNEY
That depends on how able you are financially to buy them out. Generally, with a good credit rating, you can expect to pay over a thousand dollars a month for that amount.
JOHNIE
I don’t know, but I wouldn’t want your payment. I’d let the other siblings have that house and go buy a cheaper house.
CASEY
Not enough info provided. Need rate and term to calculate payment.