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Forum nameGeneral Discussion
Topic subjectdamn...that's wild...smh. I really need to find us jobs back in NC....
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13342273&mesg_id=13342288
13342288, damn...that's wild...smh. I really need to find us jobs back in NC....
Posted by FLUIDJ, Wed Aug-07-19 11:00 AM
Could y'all swing a $2k mortgage if you had zero debt and cash in hand from sell of your current house?

I'm just trying to figure out the math...
If your house is worth double, i'm assuming similar homes in the market would mean you'd have to pay double to buy...so you'd take your profit from sale of house 1 & put that into new house resulting in a net zero change in debt on a 30 year mortgage...but...ahhh...ok...lol..I had to type that shit out....

>This is our first home. Our mortgage is under 1K. Hose is
>over double what we paid for it.
>
>We will prolly change to a 15 year tho since rates are low.
>
>


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