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ursideye t1_j4nw5yf wrote

Reply to comment by Enough_Camel2650 in So buying is unaffordable...what about building? by thebaerfetus

18%?! Good grief.

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Enough_Camel2650 t1_j4nxpgy wrote

Astronomical & unapproachable. On a plus note, when you only have the construction loan you are solely paying the interest & not the principal

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ursideye t1_j4o850k wrote

Ah I dunno if I’d view that as a positive lol. But good on you for seeing a silver lining.

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