flygirl wrote:And when you rent......you might as well be throwing your money in the trash. When ya move out of your rental....you have nothing to show for it. I bought my house in 2001, and already have about 72,000.00 equity in it. What you got, bob????
Noah_Bodie wrote:I just know I'm gonna get called into Barry's office and be given a pants down spanking if I respond on this thread with any smart aleck comments.
FICO_Focused wrote:If you start with a home value of $300,000 30 year fixed @ 7% payment equals >>> $1,995.91Total payments after 360 months >>> $718,527.60Compounded interest @ 4% per year (average RE growth) >>>> $973,019.25Net ROI >>> $254,491.40That's how you make money on a mortgage... If you think it will cost more than that to maintain your home... You've got some issues.