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House Purchase Advice
#18
.RJ Wrote:
Evan Wrote:adds about $600 to my monthly mortgage payment.

Holy shit thats more than my car payment.

I'm going to go back into my "home ownership is stupid" corner now.


That does seem a bit high..but my taxes add about 130$/month to my mortgage, another 120 or so for homeowners insurance. Also - screw propane heat...unless you like the idea of 4 - 600$ fillups of the tank, every month in winter. Averages 150$/month for me on a budget plan. Electric is cheap as shit in WV though. Mine averages about 40$/month.

Also, you'll get most of those "taxes" back in the form of tax breaks at the end of the year. I paid 1500$ish in taxes for the year on the property, and my tax refund was over 5k...i'll take those numbers..though that will diminish as i pay more principle and less interest
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