sanitation@lemmy.today to me_irl@lemmy.world · 4 days agoMe_irllemmy.todayimagemessage-square133linkfedilinkarrow-up1576arrow-down134
arrow-up1542arrow-down1imageMe_irllemmy.todaysanitation@lemmy.today to me_irl@lemmy.world · 4 days agomessage-square133linkfedilink
minus-squareBCsven@lemmy.calinkfedilinkarrow-up6·4 days agoWe don’t do 30 years here anymore. Its 25, and most people can’t do the 20% down, its 5% for first time homebuyer
minus-squareEndlessNightmare@reddthat.comlinkfedilinkarrow-up2·3 days agoFun fact: the increase in monthly payment going from a 30-year down to a 20-year mortgage is less than 20-year to 15-year. This is also why the talk about longer mortgages should be a non-starter.
We don’t do 30 years here anymore. Its 25, and most people can’t do the 20% down, its 5% for first time homebuyer
Fun fact: the increase in monthly payment going from a 30-year down to a 20-year mortgage is less than 20-year to 15-year.
This is also why the talk about longer mortgages should be a non-starter.