Purchase a house costing in USA
USINFO | 2013-11-01 15:08

 

[REVIEW]: USA Network reported: 1. Loan principal and interest if there is a house loan principal and interest to be paid monthly. Good credit history borrowers enjoy a 30-year fixed rate, currently around 4.3% on average. (2) Real estate tax (land tax) (Property Tax or Real Estate Tax) is the place for the real estate taxes levied on state and municipal taxes, school district taxes.

1 loan principal and interest
If the house has a loan principal and interest to be paid monthly. Good credit history borrowers enjoy a 30-year fixed rate, currently around 4.3% on average.

(2) Real estate tax (land tax) (Property Tax or Real Estate Tax)
The local state taxes levied against real estate, municipal taxes, school district taxes in general. Each year, about 1-3% is a real estate appraisal.

3 Insurance
Residential insurance insurance house fire, flooding, lightning and other accidents. 200,000 house about $ 500 per year Insurance.
You can also rent Commercial insurance losses. Generally twice the price of residential housing.

4 residential fees or property costs (common charges or HOA fee)
House in the district of unified planning, the general residential fee will be used to pay the district public facilities and maintenance. Probably from 150-300 dollars a month.
Property charges, usually units of public facilities, generally around $ 200-300 per month.

5. Maintenance fees
For single-family houses, each year to spend money mowing, watering.
Every few years, but also a large repair and replacement parts, such as the roof, and water heaters.

6 Management fee
If investment rental property, rented to tenants, usually by management companies. Commissions are generally 8-10% of the rent plus the first month's rent. If it is a large apartment building management fee will be a lot less.

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