You want to break them down separately into your Principal and Interest payment and then your Taxes and Insurance. For a condo you have the monthly maintenance/association fees as well.
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It all depends on the loan program you ultimately go with. Taxes on all FHA/VA/USDA (basically any government) loans have to be included in your monthly payment. Conventional or Fannie Mae/Freddie Mac type of loans do not require that you escrow but if you are putting down less than 20% you most likely will have to include them as well. As many have already said, your insurance is included in your HOA fees but more often than not, you will have to get your own HO-6 policy which covers interior content. Hope this answer helps. I am a licensed loan office in the State of Texas and would be happy to assist you with any other questions you may have regarding financing or your home loan. Feel free to contact me at any time.
If you are getting PMI (putting less then 20% down) then a tax escrow is required. We calculate the tax escrow by taking 120% of the current tax on the unit and dividing by 12. This allows for an increase in tax.
Some lenders require a homeowners' insurance escrow and some don't. In your HOA fees you are paying for insurance to cover the rebuilding of the unit, but it does not give coverage for any items in the unit. This means your kitchen is not covered.
Look at your local 'County Appraisal District' website. You can look up taxes on individual properties.
Or... just ask a local realtor/lender to look up the tax rates where you are looking to buy.
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