Misty has a monthly mortgage payment of $1150. Her annual property taxes are $2100, her PMI is $95/month, and her homeowners insurance is $850 per year. What is her total monthly payment?

Respuesta :


1. Monthly mortgage payment: $1150
2. PMI: $95/month
3. Homeowners insurance: $850 per year, so $850 / 12 = $70.83 per month
4. Property taxes: $2100 per year, so $2100 / 12 = $175 per month

Now, let's add these up:

\[ 1150 + 95 + 70.83 + 175 = \$1490.83 \]

So, Misty's total monthly payment is $1490.83.