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To: rb22982

My home (interest and taxes) is about $18k. My 2016 did have a state tax deduction larger than normal due to a new car purchase pushing us up about $24k.


169 posted on 09/27/2017 2:13:38 PM PDT by TexasGator
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To: TexasGator

So your property tax is $11k (which is 5.1x my $400k home just outside Charlotte)? Because on $210k mortgage with 3.5% interest rate is only $7.3k per year in interest even if you didn’t pay it down at all ($210,000 *.035 = $7,300). I knew TX property taxes were higher but that is nuts!


176 posted on 09/27/2017 2:20:55 PM PDT by rb22982
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