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The Charles Schwab Corp. (SCHW) agreed to buy assets of USAA’s Investment Management Company for $1.8 billion, the company said in a news release late Thursday. Under the deal, Schwab will acquire 1.

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Estimated Taxes & Insurance: Property taxes are generally estimated to be 1.2% of the home’s value, but may vary based on your location. Annual homeowners insurance is roughly 0.35% of the home’s value but can change based on insurer. Your Loan Officer can help you determine property tax and insurance rates in your area.

The Charles Schwab Corporation announced today that it has entered into a definitive agreement to acquire assets of USAA’s Investment Management Company, including brokerage and managed portfolio.

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