• Lemmeenym@lemm.ee
    link
    fedilink
    English
    arrow-up
    3
    ·
    2 months ago

    Mortgage payments cover insurance and taxes in addition to the mortgage itself. Unless you have a variable rate mortgage the portion of the payment going to the loan doesn’t change but the amount needed to cover taxes and insurance can.

    • SynopsisTantilize@lemm.ee
      link
      fedilink
      arrow-up
      2
      ·
      2 months ago

      Oh okay. So I could just include the other charges when I say mortgage here in the states and I could say the same thing then.