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A conundrum (lemmy.world)
submitted 1 year ago by to c/lemmyshitpost@lemmy.world
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[–] 28 points 1 year ago (4 children)

Where y'all finding houses for 500/month with a 25k downpayment?

Seems cheap af. If you only did a 25k downpayment the mortgage would certainly be more expensive than rent where I'm at.

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  • [–] 5 points 1 year ago

    My house was cheap in a shit area (like knuckle draggers shouting at hotels shit) and that cost me £800 a month 20 years ago.

    And that was with a massive deposit. Still, paid that shit off now.

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  • [–] 5 points 1 year ago

    I bought a 2 bedroom single family home in South Carolina last year for $86k with only $11k down, 7 minute drive from the city center of the capital city (Columbia). Mortgage is $480/mo. Cheap houses absolutely still exist if you're willing to live in areas where "nobody wants to live"

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