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Over/Under $1443 per month spending for housing?
Posted on 5/15/18 at 6:50 am
Posted on 5/15/18 at 6:50 am
This is what the average home owner spends per month, according to Nerd Wallet.
Included in this is a mortgage payment, property taxes, homeowners insurance and homeowner association dues.
Are you over this amount or under?
Since I asked, I'll go first.
Over. Why? 15 year mortgage. Things just cost more on a monthly basis when you shorten the length of repayment (although considerably less expensive over course of loan).
Included in this is a mortgage payment, property taxes, homeowners insurance and homeowner association dues.
Are you over this amount or under?
Since I asked, I'll go first.
Over. Why? 15 year mortgage. Things just cost more on a monthly basis when you shorten the length of repayment (although considerably less expensive over course of loan).
90
Posted on 5/15/18 at 6:51 am to Will Cover
way over.... because my house doesn't have wheels
Posted on 5/15/18 at 6:52 am to Will Cover
Over. I'm paying more than that in rent.
This post was edited on 5/15/18 at 6:53 am
Posted on 5/15/18 at 6:52 am to rondo
under
15yrs
includes property taxes
I dont pay PMI, bc Im not poor.
15yrs
includes property taxes
I dont pay PMI, bc Im not poor.
Posted on 5/15/18 at 6:52 am to Will Cover
Over
I’m not poor
I’m not poor
Posted on 5/15/18 at 6:52 am to rondo
I haven't looked but I would imagine a 200,000 house at 30 years with 20 % down could get you under this number at under 4 % interest rate.
Again, haven't looked.
Again, haven't looked.
Posted on 5/15/18 at 6:53 am to Will Cover
under
Not so subtle "no mortgage" brag.
Not so subtle "no mortgage" brag.
Posted on 5/15/18 at 6:53 am to Will Cover
This is the OT. Everyone lives in a 3500+ sq ft home designed by A. Hayes.
But for real, mine is over but I am on a 20 year mortgage.
But for real, mine is over but I am on a 20 year mortgage.
This post was edited on 5/15/18 at 6:54 am
Posted on 5/15/18 at 6:54 am to robertLSU
quote:
Over. I'm paying more than that in rent.
Same.
Posted on 5/15/18 at 6:54 am to olgoi khorkhoi
quote:
"no mortgage" brag
We will be there in less than 8 years or sooner if we make an extra payment per year.
Posted on 5/15/18 at 6:54 am to Will Cover
Way over
This post was edited on 5/15/18 at 11:21 am
Posted on 5/15/18 at 6:54 am to rondo
quote:
way over.... because my house doesn't have wheels
Uh, you can get a $200,000 on a 30 yr mortgage for under $1443 a month.
Posted on 5/15/18 at 6:55 am to Will Cover
quote:
Are you over this amount or under?
Yeah, way over that
Posted on 5/15/18 at 6:55 am to Will Cover
Over. Live in the NYC suburbs.
Posted on 5/15/18 at 6:55 am to Will Cover
Probably right at that with P&I, taxes, and insurance.
Only a few years left to pay off the house, though.
Only a few years left to pay off the house, though.
Posted on 5/15/18 at 6:56 am to Will Cover
Under
Posted on 5/15/18 at 6:56 am to TulaneUVA
Under, $1337 a month.
Posted on 5/15/18 at 6:56 am to olgoi khorkhoi
quote:
under
Not so subtle "no mortgage" brag.
Posted on 5/15/18 at 6:56 am to Will Cover
quote:I did the 5 year mortgage.
Over. Why? 15 year mortgage. Things just cost more on a monthly basis when you shorten the length of repayment (although considerably less expensive over course of loan).
Posted on 5/15/18 at 6:56 am to iAmBatman
Under.
I put 20% down to get the best rate. I do have 20 years left on a 30 year mortgage. But we are throwing a ton of money towards retirement.
We got lucky selling our first house right before the real estate collapse. And despite our new home's inability to gain a lot of value since then, the large down payment has really set us up nicely.
I put 20% down to get the best rate. I do have 20 years left on a 30 year mortgage. But we are throwing a ton of money towards retirement.
We got lucky selling our first house right before the real estate collapse. And despite our new home's inability to gain a lot of value since then, the large down payment has really set us up nicely.
This post was edited on 5/15/18 at 6:59 am
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