sanitation@lemmy.todayBanned from community to me_irl@lemmy.world · 11 days agoMe_irllemmy.todayimagemessage-square133linkfedilinkarrow-up1579arrow-down135
arrow-up1544arrow-down1imageMe_irllemmy.todaysanitation@lemmy.todayBanned from community to me_irl@lemmy.world · 11 days agomessage-square133linkfedilink
minus-squareBCsven@lemmy.cacakelinkfedilinkarrow-up6·11 days agoWe don’t do 30 years here anymore. Its 25, and most people can’t do the 20% down, its 5% for first time homebuyer
minus-squareEndlessNightmare@reddthat.comlinkfedilinkarrow-up2·edit-210 days agoFun fact: the increase in monthly payment going from a 30-year down to a 20-year mortgage is less than 20-year to 15-year. This is also why the talk about longer mortgages should be a non-starter.
We don’t do 30 years here anymore. Its 25, and most people can’t do the 20% down, its 5% for first time homebuyer
Fun fact: the increase in monthly payment going from a 30-year down to a 20-year mortgage is less than 20-year to 15-year.
This is also why the talk about longer mortgages should be a non-starter.