Is this a good mortgage rate for a house?

Question

The mortgage is 400 dollars a month property taxes included, is this a good deal?

Answer 1

You need to provide more information. For example what is your rate. IS $400 just the principle and interest, or does it include your taxes and insurance, what is your credit score, are you using a conforming loan, FHA or VA, and what is the loan size. I would suggest going to zillow mortgage marketplace and submitting your scenario as well you get quotes without have ing to provide any of your contact information

Answer 2

How much are you borrowing? And, how long is the term (lifetime) of the loan? What is the interest rate? And, what does it cost in points (origination fees). And, is it interest-only, or fully amortized?

Too much missing information

Answer 3

depends on the house