What's included in your monthly mortgage payment?

Most payments include principal, interest, property taxes, and homeowners insurance, often collected together in an escrow account. Depending on your loan, it may also include mortgage insurance, and HOA dues are usually paid separately. In Texas, property taxes can be a large part of the payment, so we look at them for each home before you make an offer. I walk my buyers through a title company app that shows closing costs and all the fees tied to the purchase. It's also where we use the guardrails you and I set in our first consultation, so you don't get in over your head.