You escrow the taxes and insurance

Assignment Help Financial Management

Reference no: EM131606062

You have just bought a home in Ohio for your primary residence valued at $455,000 and your down payment was $85,000. You financed your new home with a 30-yr fixed rate conventional mortgage at 4.5%, with $4000 in fees, which you paid up front. Property Taxes are 120 Mills with 80 Effective Mills. What is your Monthly PITI Payment if you escrow the taxes and insurance?

Reference no: EM131606062

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