Property taxes are 120 mills with 80 effective mills what


You have just bought a home in Ohio for your primary residence valued at $275,000 and your down payment was $55,000.

You financed your new home with a 30-yr fixed rate conventional mortgage at 4.75%, with $4000 in fees, which you paid up front.

Property Taxes are 120 Mills with 80 Effective Mills. What is your Monthly PITI Payment if you escrow the taxes and insurance?

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