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That $2,000 a month can also raise if you’ve included property taxes and insurance in the payment. If you’re not including property taxes and insurance then you’re not really doing a full comparison.
That $2,000 a month can also raise if you’ve included property taxes and insurance in the payment. If you’re not including property taxes and insurance then you’re not really doing a full comparison.
Our property tax actually went down $12 from year 1 to year 2. LOL.
1 year is not an example. Many mortgages are over 30 years.
As is mine, but I can only report what I’ve seen. ;)
The mortgage will go down again when the mortgage insurance drops off, but I have to have xx years of equity before that happens.