Submitted by [deleted] t3_11ecl9h in personalfinance
Unusual_World2421 t1_jadbm0u wrote
Reply to comment by iranisculpable in I can’t wrap my head around if I can actually afford to buy a home by [deleted]
a 200k mortgage on a town home is nearly 300 dollars cheaper than my 400k house with mortgage of 3.5%.
i m though going to buy the town home to rent out for 2k.
the rates are the highest in my adult life time as i have ever seen. i m 37 years old and have owned various properties since 2009.
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