[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 289 KB, 1080x1785, Screenshot_20230408_185042_Brave.jpg [View same] [iqdb] [saucenao] [google]
54510228 No.54510228 [Reply] [Original]

>buy $550k house with 20% deposit down
>costs $1.2 million with interest

Do normies really?

>> No.54510248

No refund

>> No.54510260

>>54510228
>this is normal because boomers said so and why should it change?
the ride...

>> No.54510261

Who is even making enough money to pay 3.5k a month? I make like 90k and that’s most of my take-home.

>> No.54510272

>>54510261
25 Indians willing to all live under one roof

white people are so fucking stupid. Just share a bedroom with 5 of your relatives. It’s that simple

>> No.54510283

>>54510272
White people used to do this in the up until the 1960s or so

>> No.54510290

>>54510283
Yeah they were called Irish immigrant retards.

>> No.54510299

>>54510272
It doesn't end until we are on par with the third world and it's not worth immigrating any more.

>> No.54510302

>>54510283
>you will jerk off in the same bedroom your grandparents, parents, two brothers, and cousin are sleeping in and you will be happy

>> No.54510333

>>54510299
so true it's actually sad. Oh well.

>> No.54510348

>>54510302
>you will live alone in a pod and pay half of your paycheck every month for the privilege
Now THAT'S real humanity

>> No.54510407

>>54510348
It’s funny how you Indians think white people in the 1920s having 5 children and living with their crippled grandparents on the income of just the father in a paid off house is equivalent to a dozen adult Indian web developers and 7/11 clerks living with their Dunkin Donuts franchise owning mom+dad so they can pay off their seven figure single 3 bedroom Boston metro ranch shack. Deranged shit

>> No.54510413

>>54510261
Middle class workers, dumbass. Some of us actually went to university for a degree that we did research on to ensure that it had a good job market.

>> No.54511253

How to calculate monthly repayment?

>> No.54511273

>>54510228
550k house with 20% down but 540k loan? your mortgage math doesn’t add up

>> No.54511286

>>54510290
My grandparents came from Germany and they said they rented a house with 3 other families before saving up and buying their own home, this was in the early 60s.

>> No.54513256
File: 51 KB, 980x458, fed rate.png [View same] [iqdb] [saucenao] [google]
54513256

>>54510228
People buying now are gambling on the ability to refinance in 1-2 years at a cheaper rate.

Interest is also tax deduct-able. Rent is not.

>> No.54513320

>>54510261
What state do you live in? We make roughly the same and I’m at 6K a month

>> No.54513369
File: 395 KB, 748x513, 1679535593395323.png [View same] [iqdb] [saucenao] [google]
54513369

>>54510228
you can pay it off or refinance
>>54510248
rentoid retard

Or you can sell the house

Holy shit how are you people this dumb...