- This topic has 10 replies, 1 voice, and was last updated April 23, 2003 at 2:55 pm by .
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Guest
Not neccessarily,your Payment may go up. Because of a rise in property taxes, increased insurance cost, etc., our payment is now about $1000. When we first bought the house 15 years ago, it was $665.
That’s on a fixed 6% loan. Our property taxes along with all other costs of living have sky rocketed in my area where we can’t even get by on 3 jobs between 2 people anymore.
Cathy
http://www.cathyscreations.com//Typically, a mortgage will go down the longer you are in it.//See what’s free at [url=””]AOL.com[/url].
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