Warning

 

Close

Confirm Action

Are you sure you wish to do this?

Confirm Cancel
PSA
Member Login

Posted: 5/15/2002 9:46:04 AM EDT
Mine is 1325.  This includes the bit extra to cut payments off the back end.  It is manageable even after a pay cut of 25% that I did not count on.

I bought a nice house - mid 80's split level - in a booming area on a full acre with a 15 year note.  It is much more house than what I was looking for, but for the extra 15,000 I have much more than a shack on a 1/4 acre.  This thing is a big part of my retirement plans package.  

Friends choke at a payment like this, but I am adding 455 bucks of equity a month. I will have it paid off by the time I am 46, and I bought it when I was 33.
Link Posted: 5/15/2002 9:54:04 AM EDT
$0.54669 per square foot per month.
Link Posted: 5/15/2002 10:03:28 AM EDT
[Last Edit: 5/15/2002 10:04:13 AM EDT by fight4yourrights]
Originally Posted By pogo:
Mine is 1325.  
View Quote


That's cheap to me.


The townhouse I rented in 1990 was $1450 a month, and I'm spending more on a mortgage than that.
Link Posted: 5/15/2002 10:03:54 AM EDT
I am in the process of building a house, so I should find out in August.

Av.
Link Posted: 5/15/2002 10:49:58 AM EDT
$1800
Link Posted: 5/15/2002 10:55:19 AM EDT
1/3 acre, 3 BR, 3 BA, 2-floor in Northern Alabama:

$790/month includes $87/month PMI

Loan is 1 Yr ARM, 30 yr term, currently 5-1/8% rate.
Link Posted: 5/15/2002 11:01:40 AM EDT
$711.89/mo PITI.  Just refinanced for 20 years at 7% after paying 10 years on a 30-year at 9%.  Took out $17k in equity for upgrades on the house.

The pay in Tucson may suck, but the housing market ain't bad.
Link Posted: 5/15/2002 11:04:23 AM EDT
$2480
Link Posted: 5/15/2002 11:14:19 AM EDT
Which house? I own 5 houses[:D]
Link Posted: 5/15/2002 11:14:23 AM EDT
Too fucking much!
Link Posted: 5/15/2002 11:27:57 AM EDT
Link Posted: 5/15/2002 11:36:27 AM EDT
Link Posted: 5/15/2002 11:41:01 AM EDT
$490/month - includes property taxes, insurance and PMI.  3BDR, 1 1/2 bath, about 1,500 sqf and built in the mid 70's.

Link Posted: 5/15/2002 11:48:31 AM EDT
Link Posted: 5/15/2002 11:51:08 AM EDT
1378 total for 2500 sq. ft., 4 br., 2 1/2 bath, two story  on about 1/3 acre. We had it built and moved in one year ago last week.

Gary
Link Posted: 5/15/2002 11:54:44 AM EDT
[Last Edit: 5/15/2002 11:58:06 AM EDT by sfoo]
$1012 including taxes & ins.  Been in about 2 years and reappraised at $64k over what I bought for....and I'm just starting the improvement projects.  I have renters lined up for when I move out of state, too [:)]

Oh yeah 47, aka Todd S. from DVD's post, is a pretty upright guy.  Call him if you want to refi or just get a loan to buy a place.  
Link Posted: 5/15/2002 11:54:46 AM EDT
0
Link Posted: 5/15/2002 12:06:29 PM EDT
Link Posted: 5/15/2002 12:10:43 PM EDT
$1600, including P, I, taxes, & Ins.  3BR 2BA on 9 acres with small guest house.  I can shoot on the property.

My wife and I LOVE it.  We just moved in last month.
Top Top