Over half of Americans claim they're nowhere near achieving their definition of financial freedom, with 36% saying they have less than $1,000 in their savings accounts.
I pay less than 1/3 of that for my mortgage on a bigger house with a large yard. But we did close on it at a much better time last decade, and it’s about twice as valuable now. I would never consider something so ridiculously expensive that the mortgage could be 3k/mo.
Fortunately for my wallet, I don’t like big city life and the rural real estate is much cheaper.
Where the fuck do you live with a $3350 mortgage? I pay 1/3 of that for rent and I think that’s too high.
Puget Sound area, a bit north of Seattle.
For a home purchased in the last 3 years, I got a pretty good deal. The floor on rent for a shitty one bed apartment in my city is $1200/month.
It’s also worth noting that the $3350 is my PITI. My strict mortgage is $2875, the rest is property tax to escrow and mortgage insurance.
Ah got it
I pay less than 1/3 of that for my mortgage on a bigger house with a large yard. But we did close on it at a much better time last decade, and it’s about twice as valuable now. I would never consider something so ridiculously expensive that the mortgage could be 3k/mo.
Fortunately for my wallet, I don’t like big city life and the rural real estate is much cheaper.
He lives in a $600,000 house. Probably more.
Edit: he says it’s a $560k house lol