Quote:
Originally Posted by Bearcat
Yeah, I just used a basic mortgage calculator that included the stupid ****ing PMI, which came out to like $1634/month... no down payment for simplicity, but also have no idea what's out there for first time homebuyers.
Definitely worse than I would have guessed, even though I knew it was bad.
I went back and looked in the neighborhood where I bought my first house at $90k and a comparable one down the street just sold for $190k.  |
Funny thing is that almost exactly matches my first house mortgage 30 years ago, both in price and payment. ($17x,xxx mortgage with a payment of about $1,650). Living in central Denver was not a cheap undertaking.