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Steph and Chad continue last week’s conversation about the pros and cons of renting vs. buying a home. This week they dig deep into numbers, covering everything from down payments, interest rates, closing costs, principal and interest payments, other monthly payments, and more. Grab a notepad because this episode is loaded with great information to help you with understanding what costs to expect when you buy a home.
Many of the assumptions used in this episode are taken from the NerdWallet article, “How Much Money Do You Need to Buy a House?” by Kate Wood, updated November 17, 2022.
https://www.nerdwallet.com/article/mortgages/how-much-does-it-cost-to-buy-a-house
#mentalhealth #mentalhealthawareness
By Financial HellnessSteph and Chad continue last week’s conversation about the pros and cons of renting vs. buying a home. This week they dig deep into numbers, covering everything from down payments, interest rates, closing costs, principal and interest payments, other monthly payments, and more. Grab a notepad because this episode is loaded with great information to help you with understanding what costs to expect when you buy a home.
Many of the assumptions used in this episode are taken from the NerdWallet article, “How Much Money Do You Need to Buy a House?” by Kate Wood, updated November 17, 2022.
https://www.nerdwallet.com/article/mortgages/how-much-does-it-cost-to-buy-a-house
#mentalhealth #mentalhealthawareness