- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: NY FED survey: Americans expect mortgage rates to rise to nearly 10% in the next three yrs
Posted on 5/16/24 at 9:14 am to novabill
Posted on 5/16/24 at 9:14 am to novabill
Lets see, a 10% interest rate on a 400 thousand dollar house is 40 grand a year, plus taxes and insurance 12 grand, and pay down just a bit on principle 6 grand, utility 3 grand, plus repairs and maintenance {crapy new appliances} 3 grand , all comes up with a total of 64 thousand dollars a year housing cost, aftertax. About 53 hundred a month. for an average house
1
Posted on 5/16/24 at 9:16 am to Trevaylin
quote:
plus taxes and insurance
Yeah, speaking of which…
Homeowners insurance is fricking insane these days.
If you can self-insure as of now, doing it is probably your best bet because the savings is worth it if you are already paying a percentage deductible in the case of a named storm.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News