Thursday, January 9, 2020

Uncle G: Is Buying a House The American Dream?

I have come accrossed this video: Is buying a house the American Dream?

Here is the hypothetical scenario:
I buy a house = $150K
Downpayment = $15K
Years: 30 Years
Monthly Mortgage: $1300 excluding renovations

My Question: If I buy a house and get equity (depending on years) from it ? Is it a bad deal?


from Uncle G: Is Buying a House The American Dream?

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