In this example I'm using 5%. a) If you increased your mortgage $5,000, your payment would increase by $26.74 b) Also consider: if you are buying a bigger house, you are probably paying more in real estate taxes AND insurance. c) And if there is mortgage insurance on the loan, that will increase too. d) And the worst of it? … (0 comments)
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Diane Marletto
FHA, VA, USDA, Conventional & 1st Time Buyer Loans
What do you think the payment would be on a $5,000 mortgage loan? 
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