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Reply to "How do I calculate what a house will cost in five years? Ten years?"
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[quote=Anonymous]You are looking at it the wrong way imo. You speak of the house you could afford now, without a downpayment. It’s easy to forget the [i]hundreds[/i] of thousands of dollars in interest you would pay on that loan. Sure, the property is going to cost more in a few years, but you will also probably be borrowing less. It sort of balances out.[/quote]
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