A home worth $123,000 and a mortgage of $72, 400 would enjoy what equity?
a home worth $123,000 and a mortgage of $72, 400 would have what equity?
and also..
A home will an assessed value of $178,000 near a tax rate of $52 per $1,000 would have a property tariff bill of what?
thanks
Answers:
You hold 50,600 in equity.
As for the taxes....What state are you in? Do you live surrounded by the home or is it a second home. That all plays a factor in how much the taxes will be. ie, within SC, if you live in the home it is taxed at 4%. If you dont, and its a second home its tax (a) 6%. Source(s): REALTOR, 6 years
123,000-72,400 (value - mortgage) = 50,600 equity
178,000 divided by 1000 = 178 (how many thousands you multiply by 52). You next multiply 178 x 52 which = 9256...this sounds really high though, so there may be some multiplier that get factored in. Our home is assessed at 97,000 and our taxes are $1,067 which is like $10+ per thousand. Source(s): Real Estate Investor
Homeowner
The equity is $50,600.00
The tax rate (seams a bit high) is 5.2%
So $178,000 assessed convenience at 5.2%= $9256.00 per year Diveded by 12 months would equal $771.33 per month.
This is the answer to your question.
Related Questions:
Buying to consent to how does re-mortgage work? do i necessitate to alter my home mortgage provider to borrow on my equity?
You can ask your current lender for a Further Advance if there is enough equity surrounded by the property. Buy to Let is buying a property to rent out. ...
and also..
A home will an assessed value of $178,000 near a tax rate of $52 per $1,000 would have a property tariff bill of what?
thanks
Answers:
You hold 50,600 in equity.
As for the taxes....What state are you in? Do you live surrounded by the home or is it a second home. That all plays a factor in how much the taxes will be. ie, within SC, if you live in the home it is taxed at 4%. If you dont, and its a second home its tax (a) 6%. Source(s): REALTOR, 6 years
123,000-72,400 (value - mortgage) = 50,600 equity
178,000 divided by 1000 = 178 (how many thousands you multiply by 52). You next multiply 178 x 52 which = 9256...this sounds really high though, so there may be some multiplier that get factored in. Our home is assessed at 97,000 and our taxes are $1,067 which is like $10+ per thousand. Source(s): Real Estate Investor
Homeowner
The equity is $50,600.00
The tax rate (seams a bit high) is 5.2%
So $178,000 assessed convenience at 5.2%= $9256.00 per year Diveded by 12 months would equal $771.33 per month.
This is the answer to your question.
Related Questions:
Buying to consent to how does re-mortgage work? do i necessitate to alter my home mortgage provider to borrow on my equity?
You can ask your current lender for a Further Advance if there is enough equity surrounded by the property. Buy to Let is buying a property to rent out. ...