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me_irl
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this post was submitted on 16 Jun 2026
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me_irl
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Okay, but $250 over six years is a pittance compared to the equivalent hikes in rent.
Like, I agree, property taxes keep creeping up on us. But so do fuel and food costs, utilities, etc. That's inflation for you. I'm also getting COA in my annual wage, so you could argue that I'm "part of the problem".
Compare that to some landlord who can spike your rent because the market gets a bit tight, because the interest on their debt ticked up, because they want an excuse to renovate and are looking to scare people out of their leases, because they think they can squeeze us a bit harder, or for no reason at all. I watched my $800/mo rent balloon to $2000/mo over the five years before I bought a home.
Getting a fixed rate mortgage is pretty much always better than renting, unless you need to change addressed every couple of years anyway.
I agree, I was just letting them know that a mortgage not going to stay at the same price throughout the entire length of the loan regardless of how it's set up.
It could also decrease, like if there's a massive housing value crash and your house is now worth 20% of what you paid for it, then upside is your property taxes should also only be 20% of what they were.
And the only reason why I even thought to share was because I myself was shocked when my mortgage increased after the first year, even though it was only like 60 bucks, I was like, man, I thought a mortgage was not supposed to change.