The “Water Cooler” is a feature on Claycord.com where we ask you a question or provide a topic, and you talk about it.
The “Water Cooler” will be up Monday-Friday in the noon hour.
QUESTION: If you own a home, what’s your mortgage payment, and how much are your property taxes? If you rent, how much do you pay for rent?
Talk about it….
I don’t have a mortgage. Using my GI bill, I bought my home on a VA loan with no money down. I took out a 15-year loan and paid it off in 1999, saving big bucks on interest. The monthly payments were slightly higher on a 15-year loan, but well worth it. When I was making payments, it was something like $500.00 a month. As for property tax, I’m too lazy to look it up right now, but it’s not too bad.
I own and my mortgage is $1,400 a month. Property taxes are about $10,000 a year.
1830 sq.ft. 3 bed/2 bath.