[quote=nocommonsense]If it weren’t for the mello rous, the loan is actually quite affordable to us, but with the extra $1000 tax a month it’ll be tight.[/quote]
Factor in another 6-8k/yr for property tax coming to another roughly $600/month and for $1600 a month you’d be paying in taxes alone you could just about rent a place. I know, I know — renting’s just throwing your money away.
Got interest and PMI to pay on that too?
BTW: If you can’t even spell Mello-Roos, you shouldn’t be signing a contract obligating yourself to pay it. Really, you should read it first.
