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A $900k home is ~$3,600/month P+I after 20% down. Considering that principal is actually savings and you can deduct X% of the interest, you are looking at a tr
by dev_jim 13y ago
A $900k home is ~$3,600/month P+I after 20% down. Considering that principal is actually savings and you can deduct X% of the interest, you are looking at a true effective cost at under $2k + real estate taxes and maintenance. The carrying costs are easily doable by a couple in the tech industry, let alone the actual effective monthly costs. What's depressing about that?
It sounds like you're brought up with a more traditional expectation of constitutes a house - 2.3 kids, picket fence, et. all. That's depressing.