@btaf45 to United States | News & [email protected] • 6 months agoMore Americans are becoming 'house poor' due to high housing costswww.scrippsnews.comexternal-linkmessage-square7arrow-up140arrow-down11cross-posted to: [email protected]
arrow-up139arrow-down1external-linkMore Americans are becoming 'house poor' due to high housing costswww.scrippsnews.com@btaf45 to United States | News & [email protected] • 6 months agomessage-square7cross-posted to: [email protected]
minus-square@[email protected]linkfedilink2•6 months agoThat $2,000 a month can also raise if you’ve included property taxes and insurance in the payment. If you’re not including property taxes and insurance then you’re not really doing a full comparison.
minus-square@jordanlundlink1•6 months agoOur property tax actually went down $12 from year 1 to year 2. LOL.
minus-square@[email protected]linkfedilink2•6 months ago1 year is not an example. Many mortgages are over 30 years.
minus-square@jordanlundlink0•6 months agoAs is mine, but I can only report what I’ve seen. ;) The mortgage will go down again when the mortgage insurance drops off, but I have to have xx years of equity before that happens.
That $2,000 a month can also raise if you’ve included property taxes and insurance in the payment. If you’re not including property taxes and insurance then you’re not really doing a full comparison.
Our property tax actually went down $12 from year 1 to year 2. LOL.
1 year is not an example. Many mortgages are over 30 years.
As is mine, but I can only report what I’ve seen. ;)
The mortgage will go down again when the mortgage insurance drops off, but I have to have xx years of equity before that happens.