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Sure and all of this is moot if you can’t afford a down payment. The down payment and closing costs on a 1.5mil home are massive Paying the mortgage itself isn
by Swizec 6y ago
Sure and all of this is moot if you can’t afford a down payment. The down payment and closing costs on a 1.5mil home are massive
Paying the mortgage itself isn’t the problem. We already pay the landlord’s mortgage.
- AlexTWithBeard 6y ago5% downpayment for $140k home is $7k. This is one quarter of an average wedding expenditure in the US [1] [1] https://www.weddingstats.org/average-cost-of-a-wedding/ https://www.weddingstats.org/average-cost-of-a-wedding/
- Swizec 6y agoYes but $140k homes are not available where I want to live.