▲ 845 ▼ Over half of Americans say they're not even close to financial freedom (scrippsnews.com) submitted 3 years ago by fne8w2ah@lemmy.world to c/news@lemmy.world 197 comments fedilink hide all child comments
[–] Cold_Brew_Enema@lemmy.world 3 points 3 years ago (3 children) Where the fuck do you live with a $3350 mortgage? I pay 1/3 of that for rent and I think that's too high. permalink fedilink source parent hideshow 6 child comments replies: [–] June@lemm.ee 5 points 3 years ago* (1 child) Puget Sound area, a bit north of Seattle. For a home purchased in the last 3 years, I got a pretty good deal. The floor on rent for a shitty one bed apartment in my city is $1200/month. It’s also worth noting that the $3350 is my PITI. My strict mortgage is $2875, the rest is property tax to escrow and mortgage insurance. permalink fedilink source parent hideshow 2 child comments replies: [–] Cold_Brew_Enema@lemmy.world 1 point 3 years ago Ah got it permalink fedilink source parent [–] RaoulDook@lemmy.world 0 points 3 years ago I pay less than 1/3 of that for my mortgage on a bigger house with a large yard. But we did close on it at a much better time last decade, and it's about twice as valuable now. I would never consider something so ridiculously expensive that the mortgage could be 3k/mo. Fortunately for my wallet, I don't like big city life and the rural real estate is much cheaper. permalink fedilink source parent [–] SCB@lemmy.world -3 points 3 years ago* (last edited 3 years ago) He lives in a $600,000 house. Probably more. Edit: he says it's a $560k house lol permalink fedilink source parent
[–] June@lemm.ee 5 points 3 years ago* (1 child) Puget Sound area, a bit north of Seattle. For a home purchased in the last 3 years, I got a pretty good deal. The floor on rent for a shitty one bed apartment in my city is $1200/month. It’s also worth noting that the $3350 is my PITI. My strict mortgage is $2875, the rest is property tax to escrow and mortgage insurance. permalink fedilink source parent hideshow 2 child comments replies: [–] Cold_Brew_Enema@lemmy.world 1 point 3 years ago Ah got it permalink fedilink source parent
[–] RaoulDook@lemmy.world 0 points 3 years ago I pay less than 1/3 of that for my mortgage on a bigger house with a large yard. But we did close on it at a much better time last decade, and it's about twice as valuable now. I would never consider something so ridiculously expensive that the mortgage could be 3k/mo. Fortunately for my wallet, I don't like big city life and the rural real estate is much cheaper. permalink fedilink source parent
[–] SCB@lemmy.world -3 points 3 years ago* (last edited 3 years ago) He lives in a $600,000 house. Probably more. Edit: he says it's a $560k house lol permalink fedilink source parent