How much are your mtg payments?

[TheStreetCeo]

Property taxes vary greatly. While prop taxes are generally pretty high in WI, the original example shouldn't be assumed across the state.

To answer your original question - we don't have a mortgage. When we did, I think our monthly payment was around $1300, not including taxes.

They definately range. I used to owna cabin Winter Wisconsin close to Hayward. My cabins taxable value was only 125k and the taxes pere about 325.00 a year.

[swanson719]

We live near Kansas City, Missouri and pay $1,000/mo PITI. Taxes are $1,500/yr.

[terri77]

$285 biweekly

[terri77]

Taxes around $600 annually.

[cypher1]

In Minnesota also, 1560 w/ tax+insurance, from 45% monthly net.

[dfeucht]

6k, Ouch! My house is valued just under that and my taxes are $3200.00. Insurance is $1800 too which I think is crazy

A little off topic - but I think you are paying too much for insurance! I am from MN and have a $1,000 deductible with pretty comprehensive coverage on a $400K house for about $1,200 a year. Live in TC suburb. I suppose if you are in Mpls that may drive up your costs some, but you may want to shop around.

Just my two cents.

Oh - yes - on topic - mortgage is $2,300 (PITI). Minneapolis/St. Paul suburb.

[cschin4]

Our mortgage payment is $0. House is paid off. Taxes are about $1400/yr.

[My English Castle]

Our PI is under $600 because we have a small mortgage. But our Property taxes are over 6000.
We're in northshore Milwaukee

[LittleGopher]

Our house is paid off, so $0 for the mortgage. We're in the suburbs of the Twin Cities, and our taxes are $2000 per year.

[MonkeyMama]

A little off topic - but I think you are paying too much for insurance! I am from MN and have a $1,000 deductible with pretty comprehensive coverage on a $400K house for about $1,200 a year. Live in TC suburb. I suppose if you are in Mpls that may drive up your costs some, but you may want to shop around.

Just my two cents.

Oh - yes - on topic - mortgage is $2,300 (PITI). Minneapolis/St. Paul suburb.

I think it's really hard to say. When we owned a condo in an expensive area (we didn't own the roof or walls?), our insurance was the same as for a much larger home where we live now. Huge regional differences.

[TBH]

Here in PA, our first house had a payment of $565, PITI. We sold it last summer and I sure miss those low payments.

Current house payments are $1365, PITI. I can't wait to pay the sucker off, although it's going to take a while.

[asmom]

Georgia

PI: $855 +Taxes(annual): $1971 +Insurance: $923= PITI: $1080, about 9% of our gross income.

[thekid]

Montreal, Canada.

655$ mortgage + 4200$ taxes + about 700$ insurance. That's a bit over 4% of our household gross. Bought two years ago, a bit over 11 years of scheduled payments to go. We put in a large cash down as we are more debt averse than the interest rate should have dictated. Love the incoming cash flow flexibility it procures thought.

[Ima saver]

My very first mortgage payment was $97 a month. Our 2nd house was $125 a month. We paid the house off early and had no house payment on house number #3. When we built house number #4, I did get a mortgage of $50,000 and paid $500 a month on that house. I couldn't stand those big payments, so I paid off the mortgage in 2 years and have not had a mortgage since then.
I live in Northern Georgia (in the mountains) and my taxes are $2200 a year; insurance is $1100 per year.
We have about 3200 square feet plus an additional two car garage with bathroom and eff. apartment also. (heated)

[Ticker]

Piti $8,500. San Francisco Bay Area