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I mean if we handwave away the mortgage. A 10k/month mortgage is a $1.4 million dollar house on only a 15 year mortgage. Push to the 30 year and you're at like
by frgtpsswrdlame 9y ago
I mean if we handwave away the mortgage. A 10k/month mortgage is a $1.4 million dollar house on only a 15 year mortgage. Push to the 30 year and you're at like $2.2 mil. Besides 2k/month after mortgage isn't so bad, I wish I knew what the median after taxes and rent/mortgage income is but I guarantee it's nowhere near that high and it comes with nowhere near as nice of a house.