How much can a home really cost over 30 years?


New Video HERE 

How much does a home really cost over 30 years?

Thought the condo i was looking at would cost $542,000, after 30 years, will actually, in full, cost $1.2 Million!!!  

I looked up how much the interest would be over 30 years at 3% and I am shocked. bankrate.com has an easy Amortization Calculator, which breaks down monthly payments and interest costs, and tells you the total interest you will end up paying. Redfin can estimate for you how much insurance and taxes will cost. Bankrate doesn’t add in Mello Roos, Taxes, or HOA, so I am going to do that here. 

Not a sponsored video

Banks make so much money off loans!! Is it better to rent or buy? You decide.


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