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Money and Finances
Reply to "How much debt you have? Mortgage and student loans included."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]800k mortgage on a 1.4 house. Nothing else. [/quote] Nothing else, says the person almost a million dollars in debt![/quote] they didn't say anything about their total net worth, even setting aside the equity in the house which more than covers their debt. You do understand how 800k in unsecured debt (credit cards, student loans) is very different than a loan on an asset where they still have more than 40% equity? I've got a 1.2 mortgage on a 2.2M house at a 2.5% rate, no other debt. Plenty of assets elsewhere. and to answer someone else's question, PITI is 7100. [/quote]
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