> Living in a present-day million-dollar home for a net cost of $500k over 30 years is a great deal. That’s a little over $1000/month on average. Where can you even rent an apartment at that price these days?
Can you clarify?
A $1 million purchase at 5% interest on $800K is $4,300 / month. Plus maintenance and taxes.
Can you clarify?
A $1 million purchase at 5% interest on $800K is $4,300 / month. Plus maintenance and taxes.
Where does the $1,000 vs renting apply?