mmm, it’s up there… if you think you can refinance (without cashing out) at a lower rate sooner rather than later, yeah maybe.
But 30% of monthly income… it gives me pause.
Discussion
Comes with;
Space to put the RV.
Almost 2 acres
1/4 acre of raspberry and black raspberry bushes
Only one in the household would need to work to pay mortgage, utilities, and buy Raman. Lol
The bad is the monthly payment and some sagging floors. 🤔
Keep in mind that insurance and property taxes will creep up as time goes by.
Don’t know the interest rate they’re offering, but I would jump at any opportunity to refinance it at a significant lower rate (7% -> 5%)