What do you pay for mortgage

[stenz]

I know this might be a personal question so if it is don't answer.

I'm considering looking at moving and getting a new house. For those of you who are paying a $350,000 mortgage what are you paying? I know it depends on location, down payment, interest rate, etc...

I just want approximate real life numbers and not what some website tells me. I need to know Colorado numbers. Also, if you can tell me if that includes mortgage insurance that would be great.

Thanks!

[Snowman78]

Mine is $1,687.00 with tax and Insurance, 250K financed 5.0 APR 30 Year Fixed

[encorehunter]

If you put 20% down and have a 4.5% for 30 years with no escrow, you are looking at about $1418 a month. Insurance is probably going to be an extra $150 a month or so. Taxes are area dependant. There are a lot of factors that need to be known to get a close estimate. A $300,000 in a wildfire area will cost more in insurance than a $350,000 in a level 2 fire protection district. Taxes in city are normally more than in county.

[Great-Kazoo]

Curious, what exactly does one get for $350K on average? I'm guessing that's allowing room for a family of 4 minimum.

[Rooskibar03]

Curious, what exactly does one get for $350K on average? I'm guessing that's allowing room for a family of 4 minimum.

In town what Stenz said. We debated getting a bigger house but having to live in town and close proximity to others. Instead 350 got me a little over 2 acres and a place just under 2k sq ft but privacy that couldn't be had in town on my budget.

[Great-Kazoo]

In town what Stenz said. We debated getting a bigger house but having to live in town and close proximity to others. Instead 350 got me a little over 2 acres and a place just under 2k sq ft but privacy that couldn't be had in town on my budget.

Understand the need for room, especially with kids. . Just can't wrap my head around a $350K house with $$$ monthly mortgage.

[MED]

In town what Stenz said. We debated getting a bigger house but having to live in town and close proximity to others. Instead 350 got me a little over 2 acres and a place just under 2k sq ft but privacy that couldn't be had in town on my budget.

Yep, pluses and minus to living up here, but no debate over the metro area; I absolutely hate it down there. My house appraises right around 350K. I have five acres of A2 horse property, 5 bedrooms, 3 baths, and a 750 sq ft shop with about 500 sq ft of loft space. My monthly payment is just shy of 2K.

What you pay, and get changes a lot if you know how to swing a hammer.
We have a mortgage of 900 including ins, taxes, and PMI on a 135k house.
The house is worth over 250k now. It took 2 years of working weekends and vacations, but it's a new home now.
It's the only way we could afford to live on top of a mountain with land, a shop, and a 3 bed, 2 bath home.
I can't imagine ever buying a home and taking a chance it could be worth less later because I bought something move in ready.

I did a lot of that to originally get me into my house.

[newracer]

Curious, what exactly does one get for $350K on average? I'm guessing that's allowing room for a family of 4 minimum.

You've been by my house, it was $354,000 when we bought it last year.

Total Square Feet: 4,320
Finished Square Feet: 2,570
Upper Level Square Feet: 820
Main Level Square Feet: 1,750
Basement Square Feet: 1,750

Car Spaces: 3
Garage Type: Attached

Beds: 4
Baths: 3
Full Baths: 2
1/2 Baths: 1

[stenz]

Im looking at houses that are for a family of 4-5 to live real comfortably. 3,000 + sq feet and possible 3 car garage. This will be a house I will live in for the next 20 year or more while the kids grow.

[Great-Kazoo]

Im looking at houses that are for a family of 4-5 to live real comfortably. 3,000 + sq feet and possible 3 car garage. This will be a house I will live in for the next 20 year or more while the kids grow.

Thanks. That many in the household, sometimes a trip out of state isn't far enough. We're the flip side, smaller house very large shop / workspace.