return2ozma@lemmy.worldcake to A Boring Dystopia@lemmy.world · 8 months agoHousing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onwardfinance.yahoo.comexternal-linkmessage-square47fedilinkarrow-up1318cross-posted to: personalfinance@lemmy.mlnews@lemmy.world
arrow-up1318external-linkHousing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onwardfinance.yahoo.comreturn2ozma@lemmy.worldcake to A Boring Dystopia@lemmy.world · 8 months agomessage-square47fedilinkcross-posted to: personalfinance@lemmy.mlnews@lemmy.world
minus-squareDkarma@lemmy.worldlinkfedilinkarrow-up8·8 months agoThat’s normal. You either cut years or cut monthly payment. Very rarely both unless rates are actively dropping. A 15 yr saves you six figures over a 30 yr iirc so congrats!
That’s normal. You either cut years or cut monthly payment. Very rarely both unless rates are actively dropping.
A 15 yr saves you six figures over a 30 yr iirc so congrats!