Can someone give me a rough estimate of what the monthly payments would be (PITI) for a loan that is $165,000 at around 7.5%? I figure the property taxes are about $1500 a year and insurance around $800/year. I figure it would be about $1300/month, but my math could be wrong. Just wanted to get some expert numbers. Thanks.
Oh, yeah. It would be a 30 year loan.