House payment

wikdlmm

<-- OWFA
Jun 27, 2008
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san angelo
I'm fixng to buy a new house an was wondering what everyones house payment is. If you don't want to say that's fine. Just interesting to me to see how much everyone else is paying because mine just doubled with a new house. Thanks
 

madmatt

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Apr 12, 2009
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gonna depend a lot on location. In Southern Indiana I paid less then $90 a square foot on a 1 acre lot for my house so the payment is relatively low. $850 a month with PMI included and tax and insurance escrowed. We also got a good interest rate (3.68 I believe) and pay an even $1k a month to put extra towards principal.
Not the wife and I's dream home but it's cheap and it allows plenty of wiggle room in the finance's for us to do as we please. We're both under 30 so we have plenty of time to figure out where we want to settle down for good at and enjoy life while we do.
 

rcr1978

Active member
Apr 1, 2007
790
26
28
Spring Creek, NV
I bought right at the peak in 2007 house was $235,000 interest was %6.75 on a 30 year fixed and payment is $1680. I guess it could be around $1100-1300 if I refianced, but I want to finish my yard before I do it for the better appraisal. House is not very big I think a little over 1600 square feet living footage and has a finished 2 car attatched garage on 2 acres.
 

madmatt

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Apr 12, 2009
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Matt..... your house payment is cheaper than my truck payment was!!!

Puts things in perspective having to do with location :rofl:

lol I know,, I actually looked into moving to Cali for a job that sounded like killer pay compared to here,,,,,,, then I went house shopping!!!! HOLY HELL!! My house would sell for like $350k or better out there and i only gave $130K for it. 1700sq ft, two car garage, attached glass sunroom, full brick exterior. I was shocked and decided to stay put.
 

TAGLARRY

New member
Nov 10, 2010
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We have been in this house for a long time. The payment is less than $800.00 per month. I guess that is a benefit with sticking with a house and not upgrading to bigger and better.
 

Colt

New member
Jul 23, 2010
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Local University is putting Muslim students in the big hi buck condo foreclosed units at local banks and paying the bank rent. The Fed gov. pays the University comp to put the Mus in the house since he's underpriveledged etc. so the bank is happy and keeping the repos on the books rented out. Great huh???
 

flyinelvis11

Member
May 11, 2010
543
0
16
50
VG, IL (because my wife does)
happy to say my wife and i just paid off our house. bad news is her grandpa passed away and left us some money and that's what we used to pay it off. we would pay it all back ten times over to have him back though.:mad: best we could do was to name our son after him:thumb:
 

TheBac

Why do I keep doing this?
Staff member
Apr 19, 2008
15,581
1,834
113
Mid Michigan
< $800 @ 4.75% (P&I) Have 8 years left. :) Just paid taxes today. (Now there'd be an interesting topic. LOL)
 

Akdiesel

IFS Hater
Aug 23, 2009
2,213
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Fairbanks
Holy shit! I thought paying $1400 rent in CA was ridiculous. When i lived in AK our 3 bed 2 bath with 2 car garage was $888 mo on 30 yr fixed.