⚡️🇺🇸 WATCH - This testimony is going to blow your mind
“Me and my wife went and did the pre approval process for a mortgage loan yesterday and what the f*ck are you talking about”
“We're looking at the numbers, looking at our income, looking at our credit, and they have us at $450,000 — They have our mortgage after PMI, after insurance, after taxes; at $4,636 a month. What the f*ck are you talking about”
“For the average American, this is way f*cking far out of reach”
Interest terms in this country are out of control and should be federally illegal
A $450,000 home now costs $1,668,960 after interest and fees on a 30 year mortgage in America
Total cost: Principal ($427,500) + Interest ($897,840) + Taxes/Insurance/PMI ($343,620) = $1,668,960
You just paid $1,668,960 for a $450,000 home…
This is how much it costs to buy a home in one of the most affordable states in America, Texas — Wall Street Apes.
https://blossom.primal.net/6ef0de3966dd88a08423d15954f67c46012ec38accb99e5b6646e7920585cf93.mp4
Home prices are too expensive as well.
The way fix this is build your home cash yourself over 5 to 10 years. Lift in it as son as you have the walls, windows, and roof. Then finish off the inside bit by bit as you earn the money.
This is how most everyone does it in Mexico. No loans involved.
No replies yet.
