Quote:
Originally Posted by bossku69
i think what a lot of people dont take into consideration is property taxes and PMI. that alone can add up another $600 to $1000 easy on top of your mortgage payment.
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correct, however if you have 20% equity then you pay no PMI.
cash is king, large downpayment is what the doctor ordered..
property taxes are tax deductible though, but alas still an expense to deal with.
and no you cannot back pay yourself, plan a little ahead.