I am purchasing a home for $150,000 with usda guaranteed loan. how much will my payments be taxes are 3000 a year?

Asked by anyomous, 44057 Sat Sep 28, 2013

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Usda Mortgage…, , Jacksonville, FL
Tue Oct 20, 2015
We have a handy USDA mortgage payment calculator on our site that factors in taxes, home insurance and USDA mortgage insurance. Just look on the lower right side - http://www.usdamortgagesource.com/blog/

USDA Mortgage Source
Florida USDA Loans, 7 days a week.
Ph: 904-302-6060
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, ,
Mon Oct 7, 2013
Hi Anyomous,

It depends on a couple of things.

1) Your credit score
2) Whether or not you want to pay points.
3) Your lender

With that being said, here is what your payment could look like with a 4% rate.

Principle & interest = $730.74
Home owners insurance estimated at $65 per month
Taxes at $3,000 per year = $250 per month
USDA monthly mortgage insurance = $50.61

Total estimated monthly payment = $1,096.35
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