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Reply to "Millennial mortgage payments "
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[quote=Anonymous][quote=Anonymous]Most of the pps are either 1. Liars. 2. Bought more than a decade ago or 3. Got major assistance from family/inheritance that they used toward down payment [/quote] Bought a small 650k bungalow in takoma with 20% down in 2016, refinanced in 2020 at 2.5%, that gives me a full PITI of 2500$. So the difference is that I didn’t buy an 850k home ( I could have, and considered it, andsometime s I regret I didn’t and picked the smaller house option) and I refinanced at the right time when I saw the rates go super low.[/quote]
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