Barbara Washington Realtor
Exit Homevets Realty
This should be explained by your lender and detailed on the GFE or good faith estimate.
Your payment is made up of Principal, Interest, Taxes, and Insurance. I hope this answers your question. If there's anything else I can help you with do not hesitate to call or email me anytime.
Have a good day.
Coldwell Banker United Realtor
Typically your mortgage payment is broken down into a few different areas.
for a VA loan it would look like
Home owners insurance
**Mortgage Premium Insurance (only for FHA or conventional loans)
Together to make your Monthly mortgage payment
**For an FHA or Conventional loan you will add and additional block which is your Mortgage premium insurance until you pay down 79-80% of the loan and the the MPI should fall off.
Prudential Patt White Real Estate
Lehigh Valley, PA