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Reply to "How much is your mortgage payment?"
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[quote=Anonymous]Most numbers on this site are low for NW DC, Bethesda, Arlington, McLean. In those areas, for those with mortgages, you're usually starting at 5K not including escrows. A million dollar mortgage at 3% (30 year) is $4,216. Rates are currently almost 6%; you're looking at almost $6K at that rate. That, by the way, is why homes are sitting on the market (and will eventually be reduced.)[/quote]
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