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Out of curiosity, what proportion of monthly costs do interest payments typically make up for a mortgage holder in the US? In Switzerland they current make up 2
by phreeza 5y ago
Out of curiosity, what proportion of monthly costs do interest payments typically make up for a mortgage holder in the US? In Switzerland they current make up 25-30% if you are in the affordability range that banks suggest, with the rest going to taxes, upkeep etc. And renting a comparable property is 50% or so more experience. So I feel like there is some slack until it starts heavily affecting the decision whether to buy or rent.