4 ms·
TL;DR get "$15k" = get 7.5% off the purchase of a $200k house. Obviously the higher the price of the house, the smaller pct off $15k equals to.
by bruceb 6y ago
TL;DR get "$15k" = get 7.5% off the purchase of a $200k house. Obviously the higher the price of the house, the smaller pct off $15k equals to.
- ineedasername 6y agoIt's also structured somewhat like a loan, where $5k is forgiven each year you live there.