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Reply to "How much is your mortgage? Mine is roughly $440,000 and my payment is "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]$720K, $3800 PITI[/quote] Is your interest rate really low? I'm paying $4,200 for a $700K loan, including taxes. We have an ARM and our interest rate is 3%, which I thought was really low.[/quote] Yes, I have a 2.5% interest rate. It's variable rate (5/5 arm) so in 5 years it could go up to 4.5. I probably won't live in the house more than 7-8 years so that is why I went with a variable rate ARM[/quote]
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