View Single Post
Old 05-06-2023, 07:51 PM   #1248 (permalink)
Isaac Zachary
High Altitude Hybrid
 
Join Date: Dec 2020
Location: Gunnison, CO
Posts: 2,075

Avalon - '13 Toyota Avalon HV
90 day: 40.45 mpg (US)

Prius - '06 Toyota Prius
Thanks: 1,128
Thanked 584 Times in 463 Posts
My thoughts on housing are these:

Don't pay more for buying (monthly) than you would on rent. If $2,000 per month is too much for renting, it's too much for buying. It doesn't matter if it's a 15 year loan or a 30 year loan.

Second, don't buy a house if you will probably move in a couple of years.

Don't forget taxes and HOA fees and such. I was tempted to buy a house in an area because it was dirt cheap until I found out that I'd have to set aside hundreds per month for taxes. In the end the house wasn't that much cheaper per month than in my area.
__________________
  Reply With Quote