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Aksama t1_ix1i3d7 wrote

Reply to comment by Mumbles76 in For people that bought single family homes in Boston or adjacent suburbs since last summer, how much are you paying per month in mortgage, taxes, insurance? by Bostonosaurus

At 4.5% with accurate property tax rates that property comes out to 3350 a month minimum.

Also, don't forget you're buying a $628,000 property which doesn't have a dishwasher inside of it.

This place also went contingent, was back on the market two days later, and had a 10k price drop. That's... totally fine, right?

Also, 4.5% interest rates don't exist right now. Even with "great credit".

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Mumbles76 t1_ix1pjm5 wrote

I mean, i threw that house out there as an example... your point about rates is well taken, but they are on the the decline.

It's not impossible to be close to 3k a month, all in. The OP was saying a minimum of 5-6k... which is simply not true.

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