Conversation

Notices

1. cool_boy_mew (coolboymew@shitposter.club)'s status on Wednesday, 13-Mar-2024 02:47:46 JST cool_boy_mew
   Alright, so with that mortgage rate of 4.99% and for 25 years and that huge downpayment, my monthly payment goes down to 1500$, literally the current price for nice enough apartments
   • Cocoa Hoto in real life (cocoa@nekosat.work)'s status on Wednesday, 13-Mar-2024 02:50:05 JST Cocoa Hoto in real life

     in reply to
     @coolboymew in this economy 4.99% is doing great, but maybe try to refinance to 2-2.5% down the line if the housing bubble pops
     cool_boy_mew likes this.
   • cool_boy_mew (coolboymew@shitposter.club)'s status on Wednesday, 13-Mar-2024 02:54:02 JST cool_boy_mew

     in reply to

     • Cocoa Hoto in real life
     @Cocoa I *can* afford a variable rate, but that's going to be like 6.6% or something and the 1500 would become 2000 and that starts to hurt
     
     I know 4.9 is high, but it's in the comfy zone right now
     
     3.5% would be 1300
     
     And 2.5 would be around 1150. That would be crazy, but honestly, I don't expect shit to drop soon