Using the texttt{lalinference} Markov-chain Monte Carlo parameter estimation code, we examine two distinct nonprecessing black hole-neutron star (BH-NS) binaries with and without higher-order harmonics. Our simulations suggest that higher harmonics provide a minimal amount of additional information, principally about source geometry. Higher harmonics do provide disproportionately more information than expected from the signal power. Our results compare favorably to the effective Fisher matrix approach. Extrapolating using analytic scalings, we expect higher harmonics will provide little new information about nonprecessing BH-NS binaries at the signal amplitudes expected for the first few detections. Any study of subdominant degrees of freedom in gravitational wave astronomy can adopt the tools presented here ($V/V_{rm prior}$ and $D_{KL}$) to assess whether new physics is accessible (e.g., modifications of gravity; spin-orbit misalignment) and if so precisely what information those new parameters provide. For astrophysicists, we provide a concrete illustration of how well parameters of a BH-NS binary can be measured, relevant to the astrophysical interpretation of coincident EM and GW events (e.g., short GRBs). For our fiducial initial-detector example, the individual masses can be determined to lie between $7.11-11.48 M_odot$ and $1.77-1.276M_odot$ at greater than 99% confidence, accounting for unknown BH spin. Assuming comparable control over waveform systematics, future measurements of BH-NS binaries can constrain the BH and perhaps NS mass distributions.
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