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by HWR_14
1796 days ago
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The calculators are used for "Downpayment is HHHHHH, mortgage is XXXX/month. Renting is (XXXX-YYYY) a month. HHHHH and (XXXX-YYYY)/month invested in [other investment] for 30 years = Z,ZZZ,ZZZ." Then you compare all the Z's the the estimated price of the house. And the more it includes (expected rent changes, repairs, HOA fees) the better the math becomes. |
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