>get mortgage for 3.5% APR
>deduct taxes & interest to bring it down to like 2.8% effective rate
>use capital to return 20% CAGR
Mortgage is literally free money if you have >100IQ
Is paying mortgage better than paying rent in every situation?
Jack Allen
Joseph Peterson
the couple was a man and woman. with me, one other guy, and one other girl
we saved so much money living together. had the best parties, had the best hangouts, we had made it. now some broke aspie on biz is calling me gay from his mothers basement kek
Austin Young
are you going to have kids?
how's education in flyover states?
Doesn't make sense if you're fucking up your kids future
Austin Martinez
15 year mortgage makes more sense because the principle/interest ratio is in your favor even if you sell shortly after.
30 year mortgage is ass fucking from the bank you get nothing in return ratio is flipped interest is more than the principle and any gains you've had in equity in a few years go down the drain in seller fees and last minute repairs.
Pay it now or pay it later.
I like my 15 year mortgage because I now don't have to figure out another 400,000 later in life. Cost me a ton in the down payment but I prefer the safer comfortable route utilizing my maximum earning potential early in life.
Austin Jackson
Thats a man
David Wood
Kids would be far better off away from degenerate liberal cesspool cities
Carter Gomez
There are a lot of variables, but for where I live, its mostly...
Mortgage, car, insurance, and all bills costs MORE than to just rent an apartment near businesses and grocery and not use a car
Benjamin Campbell
15 year might be a good idea then. I might consider doing that. I don't know when I'll be in a position in my life to do so though.
Adrian Wright
You should always opt for a 15 year mortgage. You will save tens of thousands of dollars, maybe 6 figures. Also your mortgage payment should not be more than 1/3 of your take home pay. Or you will be house poor.
Colton Nelson
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