Question by mcslain: How come using Yahoo home loan calculators it seems like I am paying way too much for my current home loan?
Took out a loan 6 years ago for 90K at like 5.75%. I’m paying around 0/month on it over 30 yrs. The calculators on Yahoo though say I can get a 90K loan now at 6% and only pay 0/month over 30 yrs. What is going on? Did I just get taken to the cleaners somehow? Is there anything I can do?

Best answer:

Answer by Carolinahomerates.com
the yahoo calculator isnt including taxes and homeowner’s insurance as your regular mortgage payment does.

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