What Would A 30 Year Mortgage Payment Be On 190,000 Loan?
Just need an estimate idea how much monthly payment would be
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That would depend on the interest rate, as well as your credit rating. Right now in Louisiana it's around 5.2 or 5.3% for a 30 year loan.
So the total you will owe is 190,000*1.053 = 200,070
Now divide the total by the number of months: 200,070/(30*12) = $555.75/month
That won't be exact since it will vary by location, credit rating, etc. But it will probably be between 545 and 600, depending on where you are at.
So the total you will owe is 190,000*1.053 = 200,070
Now divide the total by the number of months: 200,070/(30*12) = $555.75/month
That won't be exact since it will vary by location, credit rating, etc. But it will probably be between 545 and 600, depending on where you are at.
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