[quote=AN][quote=kcal09]You’re reasoning is flawed. If I invested the MR of $450 per month in stocks and mutual funds with an average yield of 6% I’ll have $454,700 at the end of the 30 years![/quote]
Using this same logic, buying these house for $850k and $450/month MR really cost you ~$3.4M compare to buying a $400k house and invest the $110k difference in down payment and $2700/month in monthly payment. That hasn’t count in the tax difference either.[/quote]
That is absolutely correct. That’s why I bought my house in cash…