****Cost of 400k house, 2021 vs 2023 ****

[Aquaman]

[Aquaman]

this crap is seriously depressing

@Sonu_Patel

@Ravi860

@perugu_vada

 

[IamBhagatSingh]

1 minute ago, Aquaman said:

Better not to buy a house or

keep the money growing in hysa and buy with cash 

[Vaaaampire]

30 years 7.7% thoney untara? Interest rates thaggaka refinance chesukora?

[Aquaman]

1 minute ago, IamBhagatSingh said:

Better not to buy a house or

keep the money growing in hysa and buy with cash 

Hmm.. thats what people thought during the pandemic.. its getting way out of reach with time..

but if you keep looking behind you and keep waiting for something else to happen...you'll be looking back to today wishing you had made a move

[Aquaman]

DB lo people who bought during pandemic.. vachi dance estharu inka 😄

[ForEverJava]

30 minutes ago, Vaaaampire said:

30 years 7.7% thoney untara? Interest rates thaggaka refinance chesukora?

But let's say oka 5 yrs kattadu anuko without refi.. majority if interest portion is already paid out if u look at amortization scheudle..appudu refi chesina waste..

[Funkops]

3 minutes ago, ForEverJava said:

But let's say oka 5 yrs kattadu anuko with refi.. majority if interest portion is already paid out if u look at amortization scheudle..appudu refi chesina waste..

Interest rates going to double digits if economy stays like this

[Vaaaampire]

3 minutes ago, ForEverJava said:

But let's say oka 5 yrs kattadu anuko with refi.. majority if interest portion is already paid out if u look at amortization scheudle..appudu refi chesina waste..

😂 enti 5 years loney motham interest kattesthama?

housing market has lot of parameters. Interest rate is just one of them

[ForEverJava]

11 minutes ago, Vaaaampire said:

😂 enti 5 years loney motham interest kattesthama?

housing market has lot of parameters. Interest rate is just one of them

Yes majority of interest portion first few years lone lagestaru ee mortgage companies anudke principal inchu kooda velladu first few years lo unless u are going for 15 yr loan..30 yrs ite ide story

[ForEverJava]

16 minutes ago, Vaaaampire said:

😂 enti 5 years loney motham interest kattesthama?

housing market has lot of parameters. Interest rate is just one of them

Oka sari ee link choodu neeke clarity vastadi..

 

https://www.loanamortizationschedule.org/schedule/500000/650/?down=100000&years=30&by=monthly

[jpismahatma]

34 minutes ago, ForEverJava said:

Oka sari ee link choodu neeke clarity vastadi..

 

https://www.loanamortizationschedule.org/schedule/500000/650/?down=100000&years=30&by=monthly

70 months 2k interest. 😀. 6.5 ekkada ippudu 7.5.Better to rent it.  What other parameters are you talking   ? @Vaaaampire

[JavaBava]

8 hours ago, ForEverJava said:

But let's say oka 5 yrs kattadu anuko without refi.. majority if interest portion is already paid out if u look at amortization scheudle..appudu refi chesina waste..

Veyyochuga ikkada schedule 5 yrs lo interest anta ela kattestamo ? 

[JavaBava]

If you are waiting for rates to go to 3%, that will never happen in the next 5-7 yrs

[JavaBava]

At some point of time, people have to wakeup to new reality and not stay in the past looking at frnds who were lucky to get 3% rate back then.