Home › Forums › Housing › I bought in Feb. How are others doing it? › congrats on the
congrats on the purchase…BUT… if you are paying interest ONLY for 10 years… you arne’t buying anything.
you are paying to rent the money from the bank.
how much would it have cost you to RENT a comparable house?
how much are you paying in INTEREST, TAXES, UPKEEP for this “great deal”?
with the price being so low – are you paying more or less than what it would cost to rent?