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Veronica bought a house. Her property taxes are $2080 per year and she also needs to pay $800 per year for homeowner's insurance. What is the monthly amount she needs to budget to her monthly mortgage
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Veronica bought a house. Her property taxes are $2080 per year and she also needs to

pay $800 per year for homeowner's insurance. What is the monthly amount she needs
to budget to her monthly mortgage payment?

User Shahar Keysar
by
7.8k points

1 Answer

1 vote
$173.33/ month for mortgage alone
$240/month for mortgage and insurance

2080 for mortgage / 12 months = $173.33

$2080 + $800 = $2880
2880/12 = 240
User Yaobin Then
by
7.0k points
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