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The Water Cooler
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Home affordability
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<blockquote data-quote="NikatKimber" data-source="post: 2917180" data-attributes="member: 423"><p>These statements annoy me. Just did a quick calc, FYI for anyone reading this, to SAVE $300k going from 30 year to 15 year at 4% interest you would have to be financing roughly $750k.</p><p></p><p>You're not going to save $300k going to a 15yr note on a $150k house.</p></blockquote><p></p>
[QUOTE="NikatKimber, post: 2917180, member: 423"] These statements annoy me. Just did a quick calc, FYI for anyone reading this, to SAVE $300k going from 30 year to 15 year at 4% interest you would have to be financing roughly $750k. You're not going to save $300k going to a 15yr note on a $150k house. [/QUOTE]
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