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Old 05-30-2011, 03:17 PM   #24
NavyDood
Retired Navy
 
Drives: 2010 2SS/RS
Join Date: Mar 2011
Location: NW of DFW
Posts: 915
The cost of my 1.25 acres was included in the the build cost.

IMO, estimate your interest rate at least .5% higher than what you hope to get. Then use a mortgage calculator to get the payment. Then take the estimated yearly taxes and yearly insurance costs for your place and divide that by 12 and add that figure to the mortgage payment. That will get you in the ball park.

If you play around with the mortgage calulator and different rates, you will be amazed at the difference in what the payment will be.
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