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re: How much equity do you have in your home and When do you plan on paying off
Posted on 5/15/19 at 10:36 am to TheWiz
Posted on 5/15/19 at 10:36 am to TheWiz
quote:
Any idea how soon?
No way to tell. But when I do move, the company pays all realtor fees, closing costs, etc. Actually usually provides a 3% value of your home as a bonus. So from the "cost of moving" perspective, it's not that big of a deal for us.
quote:
15yr. mortgage and feel comfortable with the note,
I'm still looking at 30 year notes. I know we could definitely afford it at 15 year, but I don't know if I could say I'd be comfortable with it. Really not from a place where we couldn't afford it. Just from a perspective of being stuck with a note that high (~2900 a month in my area when including taxes and insurance). We make good money and I just don't see how so many are dropping that kind of coin on houses.
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