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
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Comments

3 Responses to “what is the mortgage payment on a 300,000 loan?”

  1. north on February 21st, 2010 9:54 am

    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.

  2. tracy211968 on February 21st, 2010 9:58 am

    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.

  3. Karen R on February 22nd, 2010 2:19 pm

    CASEY

    Not enough info provided. Need rate and term to calculate payment.

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