Besides the actual mortgage payment, which also factors into the monthly payment on a home?
Asked by maham237 @ in Business viewed by 316 People
repair costs
renters' insurance
property taxes
down payment
Asked by maham237 @ in Business viewed by 316 People
repair costs
renters' insurance
property taxes
down payment
Answered by maham237 @
Answer:
C. property taxes
Explanation:
Along with the actual mortgage payment which the individual has to pay on a monthly basis to the lender, property taxes are the second monthly payment that are to be made alongside. However, it is a common practice for lenders to take a security deposit initially, and make these tax payments on behalf of the person who is taking the loan amount.
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