• Lemmeenym@lemm.ee
      link
      fedilink
      English
      arrow-up
      2
      ·
      25 days 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
        1
        ·
        25 days 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.