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All that seems like scratch compared to the one or two million sticker price, doesn’t it?
by dahart 4y ago
All that seems like scratch compared to the one or two million sticker price, doesn’t it?
- foobiekr 4y agoNot really. It adds substantially to the 30Y total cost.
- dahart 4y agoThat wasn’t the question, right? I think you’re completely agreeing with me and disagreeing with @xcambar if we’re talking about a 30Y loan and maintenance costs. Maintenance costs and taxes start on year 1 and continue forever. So when you finish paying off the mortgage, the substantial loan payments end and go away while the maintenance costs continue. This will be a big change in your expenditure, speaking from experience.