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.

[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.

[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.

[Aloha_Shooter]

It's funny what we think we "need" these days. I have a 1750 sq ft house completely packed by my lonesome ... but grew up in a house with roughly the same footage, 2 adults + 3 kids, and I don't think it felt cramped.

[Great-Kazoo]

It's funny what we think we "need" these days. I have a 1750 sq ft house completely packed by my lonesome ... but grew up in a house with roughly the same footage, 2 adults + 3 kids, and I don't think it felt cramped.

With kids i understand the need for space. Its just the spouse and I, 1750 sq ft home, 190 x 50 lot we cant get enough space between us. Bless the op for wanting room.