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Huge layoffs are happening to 22.4s
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<blockquote data-quote="Up In Smoke" data-source="post: 5524585" data-attributes="member: 79702"><p>That $1300 must be only principle and interest unless you had a large down payment. My wife and I just walked through a 180k house yesterday with our daughter and future son-in-law. After 10% down and a first time home buyer mortgage program, their payment would be over $1300. We crunched the numbers and determined they would pay $805.00 more per month to purchase than rent the same square footage. I know every market is different, but this is not the time to buy. IMO</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5524585, member: 79702"] That $1300 must be only principle and interest unless you had a large down payment. My wife and I just walked through a 180k house yesterday with our daughter and future son-in-law. After 10% down and a first time home buyer mortgage program, their payment would be over $1300. We crunched the numbers and determined they would pay $805.00 more per month to purchase than rent the same square footage. I know every market is different, but this is not the time to buy. IMO [/QUOTE]
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Huge layoffs are happening to 22.4s
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