I am going to choose to feel good about myself for being in the + category in the savings poll instead of feeling nauseated that I'm in the + category in this one.
$2193 for a 930 sq foot 2 bed/1 bath home with 20% down. The house had original 1950s with metal kitchen cabinets when we purchased. We had to put a lot into the house just to make it livable.
Post by NothingWrongwithOhio on Jan 20, 2015 10:33:21 GMT -5
$1700 month (includes mortage, taxes, PMI & insurance, I don't remember the exact breakdown) for ~2100 sf, 3 bd, 2.5 bath. I'd say we're on the lower side of MCOL.
We have a 12 year mortgage that doesn't do escrow. Our payment is about $1,000 a month, and we budget and extra $400 a month that we put into savings for taxes.
we're in LCOL and have a 110 year old 3,500 sq ft victorian house in the city.
Post by leonard131 on Jan 20, 2015 10:40:07 GMT -5
I actually don't know what the actual mortgage is because we always just pay ~2600-~2700 a month so we can pay more towards principal. It is 30 year fixed and includes taxes. We also pay on a semi monthly schedule so we can make an extra payment per year. That is what happens when you are married to real estate attorney :-)
We also pay an additional mortgage at beach of about $2500 but it is on a 15 year fixed. Our rental home should be a wash of $2300.00 if the stupid tenant would pay her rent on time. Yeah for getting Decembers rent on January 20th. GRRRRRRRRRRR
I'm on my phone so I can't see the choices. PITI is $1961.xx/month but 42% of that is property taxes. We pay extra towards the principal but that's not included in that number. HOA is $43/month. This number has actually gone down $16/month in the 7 years we've lived here. We live in a 4 bed 3.5 bath colonial style SFH. It's 2500 sf + 1000 basement 3/4 of which is finished.
$1300 a month for a 3 bed 2 bath ~1600 sq ft. 30 year old house, we are updating it slowly, minimal HOA, no real amenities, surprisingly good school districts.
Post by donthasslethehoff on Jan 20, 2015 11:09:08 GMT -5
We pay $2431 per month. It was around $2300 when we first bought 5 years ago, but our damn property taxes keep going up.
This gets us a $320K 30-yr. mortgage, at a shittastic 5.25% rate. This includes taxes, PMI, insurance, interest & premium. We live in HCOL. $350K will get you a starter home in our area.
Post by thatgirl2478 on Jan 20, 2015 11:12:20 GMT -5
Approx $950, 30 yr fixed. House is a 1950's 3 bdrm 2.5 bath ranch with full, walkout basement. Sqft for tax purpose is 1240, add another 1240 for the basement (1/2 finished, 1/2 unfinished). We are in a MCOL area.
around $1700 PITI (about $600 of that is tax) on a 1500 sqft house on 1/10 of an acre in a good but not great school district, NNJ. We got the house cheap and more than make up for our low-ish mortgage by dumping cash into it...it was a dump when we bought it, to say the least (we've probably spent $50k in 3 years, and it still needs 2 new bathrooms, new windows, work on the garage, a new driveway, and I'd like new siding and a finished basement. lol/sob.)
It does! I used to take it when I worked downtown (it connects ferry terminal at St. George). The tracks go right by our house now so even though I take the bus now we can never forget we have a train here lol.
It is free to ride unless you're going to or from the northern two stops.
My assistant lives on SI. She has to take the train to the boat then back on the subway to midtown. She says it takes forever.
Depending on where she lives it could still be the option that saves her the most time (it's definitely cheaper than the express buses). The bus is much faster for me though.
Post by Stingyshark on Jan 20, 2015 11:39:25 GMT -5
1200 (includes ins/taxes). (3.74% for 12 more years) 1680 finished upstairs / 1680 garage + finished apt downstairs. 3/2 upstairs, 1/1 downstairs. postage stamp sized lot. Schools here suck. we are HCOL for our county (since our town is on the coast), but I have no idea what we are for the rest of the state.. probably LCOL-MCOL
Post by humpforfree on Jan 20, 2015 11:39:28 GMT -5
It's like $1800 I believe- we pay around 1900 to add a little in each month, just rounding up. We are between DC and Baltimore, rural/on a couple of acres. We bought a tiny, crappy house though and lived in it for 5 years before adding on. We paid for the addition in cash, so now we have a pretty decently sized house for a crappy house's payment..
ETA- we bought a 3 bed/1 bath, 960 SF house. We turned it into a 4 bed, 2 full/2 half bath, 2500 SFish house. 3.5% down (will refi to get rid of PMI , probably this year).
Total payment is a little over $1800. We don't escrow and I'm not 100% sure exactly what our homeowners insurance is per year so I estimated a little.
1750 sq. feet (not including basement we finished ourselves...shhhhh) in a suburb of Chicago. We put 20% down and our interest rate is 3.75, 30 yr fixed. We don't make any additional payments but still see our principal go down by a little over $400 per month, from the day we moved in. I LOVE it.
DH handles the bills so I am not sure of the exact amount but I know it's around $5k/month. I don't know whether we live in med or high COL (nice suburb of Baltimore) but we just moved into our dream house, which is 4,700 SF on 1.7 acres. Our previous house was $3,300/month in a further out suburb (not as nice) and smaller house. We also own a townhome downtown which we pay about $2,600/month for and rent it out for $2,750/month.