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/biz/ - Business & Finance

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>> No.53485022 [View]
File: 96 KB, 840x751, usda loan info.png [View same] [iqdb] [saucenao] [google]
53485022

>>53483336
Your math is shit and that's why you rent

$400,000 house
$80,000 down (20%)
$320,000 mortgage
@6% = $1919/mo
Taxes ~3000/year, $250/mo
Insurance ~600/year, $50/mo

$2219/mo

50% of income = 53k/year

Average single family home is $2018/mo to rent

Also, just buy outside the metro area and get a USDA loan for 3.5% with no money down. Government is subsidizing you Zoomers to live 10 minutes outside the suburbs and you refuse to even consider it.

>> No.52331833 [View]
File: 96 KB, 840x751, usda loan info.png [View same] [iqdb] [saucenao] [google]
52331833

>>52331813
Here's the info, I would go this route. No money down, 3.5% rate. All you have to do is buy outside of major cities/suburbs. PMI is a fraction of what FHA PMI is. It's designed for people like you.

>> No.52242772 [View]
File: 96 KB, 840x751, usda loans.png [View same] [iqdb] [saucenao] [google]
52242772

>>52237827
then get a USDA loan where you can buy a house with $0 down and get half off interest

>> No.51630920 [View]
File: 96 KB, 840x751, usda loan info.png [View same] [iqdb] [saucenao] [google]
51630920

>>51630577
>can't read that it's no money down

You have no home because you are low IQ

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