Godlike Productions - Conspiracy Forum
Users Online Now: 2,631 (Who's On?)Visitors Today: 974,046
Pageviews Today: 1,395,919Threads Today: 325Posts Today: 5,435
10:37 AM


Back to Forum
Back to Forum
Back to Thread
Back to Thread
REPORT ABUSIVE REPLY
Message Subject Mortage vs Apartment living cost
Poster Handle Anonymous Coward
Post Content
mortgage: 600$ monthly payment +

4,300 tax yearly/12months=358$

600+358= 958$

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?
 Quoting: Anonymous Coward 34588948


$750 rent for two bedrooms? Is that in the ghetto?

Around here the cheapest I could have rented, would have been a one bedroom one bath apartment for $920 where I would also have to pay for water and electricity.

So instead I opted for a two story, 3 bedroom 3bathroom over 1600 sq ft duplex townhouse for a mortgage including taxes of $929. And also no association fees with a nice backyard.

So you tell me which is the better deal?

Back in the day you might be right, but with houses being sold short, costing less than half of what they would cost before, it would not be smart to rent instead of owning. Like someone said, rent will continue to increase especially with a lot of people now renting due to employment and credit issues, but buy a house now, and you'll be happy with the payments as well as the equity in the future.

You get a lot more property now with your money than you did before.
 Quoting: Anonymous Coward 11634141


Sounds Great!
...as long as you are also happy paying $210,000 or $220,00 hell maybe even $230,000 for something in the end that will be worth maybe $150,000 to $175,000 if you are lucky?

We all make personal decisions and have to live with them.
What works for one, may not work for all.
Good luck to everybody!
 
Please verify you're human:




Reason for reporting:



News








We're dropping truth bombs like it's the end of days!