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Mortage vs Apartment living cost
Ms Sans Serif
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[quote:Anonymous Coward 4298234:MV8yMTQyODUzXzM2MTkxODU5X0Y4ODg2MEM5] [quote:Anonymous Coward 33389306:MV8yMTQyODUzXzM2MTkxNzE2XzcwN0ZGNjE=] Renting = renting an apartment. "Buying" with a mortgage = renting the money to buy the house. They are BOTH renting. The only way to avoid renting is to have the cash, which most of us don't have. (And there are differences in tax breaks, appreciation/depreciation, maintenance costs, independence, etc. Many pros and cons there.) [/quote] Well Spoken. [/quote]
mortgage: 600$ monthly payment +
4,300 tax yearly/12months=358$
not too bad.....i guess
apartment living, i can get a very nice 2 bedroom w/ all utilities included for 750$
200$monthly difference lets say for the next 360 months=72000$ You'll be saving living in an apartment over the house.
Thats also not including all the extra fee's included with home ownership........insurance, upkeep, landscaping etc...etc..........FOR THE NEXT 30 years
What do you night owls think?
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