oofs in galactic
who the fuck wants to pay on a home for 50 years?
Mr. errr General Bean?
Oh my
such a savings for 20 more years of servitude….
$300,000
30-year fixed: $1,529 principal and interest
40-year fixed: $1,418 principal and interest
50-year fixed: $1,366 principal and interest
$400,000
30-year fixed: $2,038 principal and interest
40-year fixed: $1,891 principal and interest
50-year fixed: $1,822 principal and interest
$500,000
30-year fixed: $2,548 principal and interest
40-year fixed: $2,363 principal and interest
50-year fixed: $2,277 principal and interest
The cost of a home when anons parents would have had the home paid of, there's a pretty large discrepancy between cost basis
then and now
so endenture yourself to that property for 50 years until you're dead when it will be "free and clear" and maybe enough equity to have earned a little return
How does extending debt do anything for the cost? Inflation is the new big bang
Mama said
Treason Inferno