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thehappypm
3y ago
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Scenario 2: 400k house, 20% down, 30yr/7% = 320k loan, $2129 payment. You save $20k cash, which covers your increase in payment for ~4 years. By then maybe you can refinance back to Scenario 0.
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hahla
3y ago
Back down to 3% that’s a stretch, historical rates average 5%+. But you’re right, however no one can predict the future.
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