- This topic has 25 replies, 6 voices, and was last updated 15 years, 7 months ago by
paramount.
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January 7, 2009 at 3:08 PM #14779January 7, 2009 at 4:27 PM #325650
Coronita
ParticipantCool I should walk away from my home after another 20% drop..
Something fishy about this calculator. Doesn’t take into account lost income on principle.
January 7, 2009 at 4:27 PM #326160Coronita
ParticipantCool I should walk away from my home after another 20% drop..
Something fishy about this calculator. Doesn’t take into account lost income on principle.
January 7, 2009 at 4:27 PM #326077Coronita
ParticipantCool I should walk away from my home after another 20% drop..
Something fishy about this calculator. Doesn’t take into account lost income on principle.
January 7, 2009 at 4:27 PM #326058Coronita
ParticipantCool I should walk away from my home after another 20% drop..
Something fishy about this calculator. Doesn’t take into account lost income on principle.
January 7, 2009 at 4:27 PM #325989Coronita
ParticipantCool I should walk away from my home after another 20% drop..
Something fishy about this calculator. Doesn’t take into account lost income on principle.
January 7, 2009 at 5:18 PM #325994an
ParticipantCool, I’m spending $650/month less than renting.
January 7, 2009 at 5:18 PM #326165an
ParticipantCool, I’m spending $650/month less than renting.
January 7, 2009 at 5:18 PM #326063an
ParticipantCool, I’m spending $650/month less than renting.
January 7, 2009 at 5:18 PM #326082an
ParticipantCool, I’m spending $650/month less than renting.
January 7, 2009 at 5:18 PM #325655an
ParticipantCool, I’m spending $650/month less than renting.
January 7, 2009 at 5:53 PM #326009(former)FormerSanDiegan
ParticipantInteresting part about this calculator about extra monthly cost of ownership that AN pointed out.
However,
The calculator has the following flaws if used that way:
1. It computes the tax savings on the amount you enter for mortgage and taxes (If you included principal it is not accurate)
2. What about insurance ? Which is another 60-100 per month).If you adjust for these AN might be only spending 300-400 less by renting. Still a good deal IMO.
January 7, 2009 at 5:53 PM #326180(former)FormerSanDiegan
ParticipantInteresting part about this calculator about extra monthly cost of ownership that AN pointed out.
However,
The calculator has the following flaws if used that way:
1. It computes the tax savings on the amount you enter for mortgage and taxes (If you included principal it is not accurate)
2. What about insurance ? Which is another 60-100 per month).If you adjust for these AN might be only spending 300-400 less by renting. Still a good deal IMO.
January 7, 2009 at 5:53 PM #325670(former)FormerSanDiegan
ParticipantInteresting part about this calculator about extra monthly cost of ownership that AN pointed out.
However,
The calculator has the following flaws if used that way:
1. It computes the tax savings on the amount you enter for mortgage and taxes (If you included principal it is not accurate)
2. What about insurance ? Which is another 60-100 per month).If you adjust for these AN might be only spending 300-400 less by renting. Still a good deal IMO.
January 7, 2009 at 5:53 PM #326079(former)FormerSanDiegan
ParticipantInteresting part about this calculator about extra monthly cost of ownership that AN pointed out.
However,
The calculator has the following flaws if used that way:
1. It computes the tax savings on the amount you enter for mortgage and taxes (If you included principal it is not accurate)
2. What about insurance ? Which is another 60-100 per month).If you adjust for these AN might be only spending 300-400 less by renting. Still a good deal IMO.
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