Input the date you want to close and own the property.
Property insurance provides protection against most risk to property, such as fire and theft. This field will vary according to what insurance coverages you select for your home and other property. One half percent of the purchase price (.5%) is a reasonable selection for this field.
PMI is private mortgage insurance. This insurance policy protects the lender in case the borrower defaults. This will vary, depending upon the type of loan and the down payment amount. For a 20% down payment or greater, this field will be 0. For an Insured Conventional loan, this field should be 1 (this may be
This is tax that is assessed by the state to anyone who owns property. In Indiana, property tax will usually be around 1% of the purchase price for owner-occupied homes. Most users will select 1% here. Property tax for a second or investment home is usually around 2%; property tax for commercial property is usually around