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| Deborah Cox, Charlotte NC Real Estate Agent |
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Rate table updated
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Mortgage Definitions:
- Mortgage Amount - The original or expected balance for your mortgage.
- Mortgage Term - The number of years over which you will repay this loan.
- Interest Rate - The annual interest rate for this mortgage.
- Annual Tax - The annual amount you expect to pay in property taxes.
- Annual Insurance - The annual amount you expect to pay in home owners insurance.
- Monthly Payment(PI) - The monthly principal and interest payment.
- Monthly Payment(PITI) - The monthly payment including pricipal, interest, home owners insurance and property taxes.
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