Property taxesare paid annually to the local government where the property is located. A good "estimate" is 1.5% of the Purchase Price, but a more accurate number may be obtained from a source where you are planning to buy.
Not Required (Do Not Enter in Commas)
Min: 0
Max: 20
Decimals: 1
Remarks
Important Tip: It is very common for an "adjustment" to be made regarding property
taxes at closing. For example, the seller may owe taxes for the "current
period" and is obligated to pay, or the seller may have already paid and the buyer is
obligated to reimburse this expense.
Example
If property taxes are 2% enter: 2.0
CLOSE mortgage calculator help window.
CloseWindow