• Lemmeenym@lemm.ee
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    4 months 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
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      4 months 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.