*Other factors that may vary the total
monthly payment include:
Homeowners Insurance (Fire Insurance):
For example, insurance on a home valued at $300,000 would be approximately
$350.00/year. Divided $350.00 by 12 to get your monthly homeowners
insurance payment. ($350.00 / 12 = $29.17 per month). The additional
amount to add to your monthly mortgage payment would be $29.17/month.
Mortgage Insurance could be a factor depending on the down
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