[SOLVED] Besides the actual mortgage payment, which also factors into the monthly payment on a home?

Besides the actual mortgage payment, which also factors into the monthly payment on a home?

Answer:

The following are some of the most common components that go into your monthly mortgage payment:

  1. Rates of Interest
  2. Taxes on real estate
  3. Insurance for your home
  4. home repairs

The Best Answer for Besides the actual mortgage payment, which also factors into the monthly payment on a home?

In addition to the mortgage payment, homeowners also need to budget for property taxes, homeowners insurance, and possibly private mortgage insurance (PMI). These costs can vary depending on the location of the home and the type of coverage purchased.

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