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- This topic has 330 replies, 23 voices, and was last updated 15 years, 5 months ago by
NotCranky.
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October 14, 2009 at 9:29 AM #469469October 14, 2009 at 9:29 AM #468647
sdrealtor
ParticipantIt’s only your dream house if you can afford it. If you cant its someone else’s dream house. Sounds like you might be chasing someone else’s.
October 14, 2009 at 9:29 AM #468829ParticipantIt’s only your dream house if you can afford it. If you cant its someone else’s dream house. Sounds like you might be chasing someone else’s.
October 14, 2009 at 9:29 AM #469189ParticipantIt’s only your dream house if you can afford it. If you cant its someone else’s dream house. Sounds like you might be chasing someone else’s.
October 14, 2009 at 9:29 AM #469262ParticipantIt’s only your dream house if you can afford it. If you cant its someone else’s dream house. Sounds like you might be chasing someone else’s.
October 14, 2009 at 9:29 AM #469474ParticipantIt’s only your dream house if you can afford it. If you cant its someone else’s dream house. Sounds like you might be chasing someone else’s.
October 14, 2009 at 9:47 AM #468667nocommonsense
ParticipantYou might be right. I’m trying to figure that out from sevral different angles. I know it’s close based on my income also according to some on-line rent vs own calculators. I played with the parameters keeping them conservative (like 0 or 1% appreciation) and more often than not owning actually comes out on top or there’s virtually no difference, which speaks more to the ridiculously high rent we pay here than the house price being “affordable”.
October 14, 2009 at 9:47 AM #468849ParticipantYou might be right. I’m trying to figure that out from sevral different angles. I know it’s close based on my income also according to some on-line rent vs own calculators. I played with the parameters keeping them conservative (like 0 or 1% appreciation) and more often than not owning actually comes out on top or there’s virtually no difference, which speaks more to the ridiculously high rent we pay here than the house price being “affordable”.
October 14, 2009 at 9:47 AM #469209ParticipantYou might be right. I’m trying to figure that out from sevral different angles. I know it’s close based on my income also according to some on-line rent vs own calculators. I played with the parameters keeping them conservative (like 0 or 1% appreciation) and more often than not owning actually comes out on top or there’s virtually no difference, which speaks more to the ridiculously high rent we pay here than the house price being “affordable”.
October 14, 2009 at 9:47 AM #469282ParticipantYou might be right. I’m trying to figure that out from sevral different angles. I know it’s close based on my income also according to some on-line rent vs own calculators. I played with the parameters keeping them conservative (like 0 or 1% appreciation) and more often than not owning actually comes out on top or there’s virtually no difference, which speaks more to the ridiculously high rent we pay here than the house price being “affordable”.
October 14, 2009 at 9:47 AM #469494ParticipantYou might be right. I’m trying to figure that out from sevral different angles. I know it’s close based on my income also according to some on-line rent vs own calculators. I played with the parameters keeping them conservative (like 0 or 1% appreciation) and more often than not owning actually comes out on top or there’s virtually no difference, which speaks more to the ridiculously high rent we pay here than the house price being “affordable”.
October 14, 2009 at 9:47 AM #468672joestool
Participant[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.
October 14, 2009 at 9:47 AM #468854Participant[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.
October 14, 2009 at 9:47 AM #469214Participant[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.
October 14, 2009 at 9:47 AM #469288Participant[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.
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