3 ms·
Buying my house. My montly mortgage payment for the whole house is ~67% of what I was previously paying to rent a single room. And of that 67%, only 4% is inte
by znpy 5y ago
Buying my house.
My montly mortgage payment for the whole house is ~67% of what I was previously paying to rent a single room. And of that 67%, only 4% is interest (and that 4% is going to go down with time)
So effectively I'm spending 3% of what I was spending previously.
- thfuran 5y agoYou're not counting tax or insurance? And what kind of mortgage is that? Usually early payments are dominated by interest.