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re: Buying a Home

Posted on 7/10/13 at 11:58 am to
Posted by ell_13
Member since Apr 2013
85167 posts
Posted on 7/10/13 at 11:58 am to
Mortgage payment would be cheaper than rent for a 115K home even if you finance it all. Plus, if the market keeps picking up for a few years, you get some of your investment back if not more.
This post was edited on 7/10/13 at 11:59 am
Posted by GeauxWarrior12
Hammond
Member since Jan 2007
2804 posts
Posted on 7/10/13 at 1:09 pm to
Yeah not wanting to spend 800 a month on rent when a mortgage would be 500-600 a month especially when we can afford the down payment. Once I start working full time we would pay as much as we could afford each month on the mortgage in order to pay it off as quickly as possible.
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