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re: Baffled as to how single people afford houses currently

Posted on 10/15/23 at 8:14 am to
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 10/15/23 at 8:14 am to
quote:

Thread has not recognized the cost of home owners insurance, which is mandatory if you have a mortgage. Easy to spend 500$/mo on this item




Or PMI if you don't put 20% down. I realize that's not an issue for 99.9% of the OT elite, but it's a reality for a lot of people.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74532 posts
Posted on 10/15/23 at 8:17 am to
quote:

Or PMI if you don't put 20% down


So youd rather put 100k down vs 20k to not pay 200 more monthly?

You wouldnt want the extra 80k in your bank?
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