What Makes Up the Monthly Cost of a $250K RGV Home?

Estimated monthly housing cost for a $250,000 home with 20% down

Estimate assumes a $250,000 purchase price, 20% down, a 30-year fixed mortgage at 6.66%, a standardized 2.04% annual property-tax rate and $3,506 in annual homeowners insurance. Excludes HOA fees, maintenance and other costs. Actual costs vary.
Chart: Rudy MirelesSource: Freddie Mac, Texas Department of Insurance, Hidalgo County and Cameron Appraisal District