Profile picture for user069459

Why does the estimated mortgage payment only estimate the taxes?

Zillow already pulls the current taxes...
Why doesn't the estimated mortgage calculator use the actual figures in its estimate?

My monthly payments are several hundred dollars different, making the estimator useless
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August 23 2012 - US
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Profile picture for wetdawgs
As an outsider, I'd guess that they only estimate taxes because they have historical numbers and not the numbers for the future.   In many communities, the tax basis changes when a home is sold.

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August 23 2012
 
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