To calculate how much a month more you’ll pay in a mortgage payment for a certain increase in house price, figure roughly 6 dollars per month for every thousand dollars more in total price.
Example : So for a house price that’s $30,000 more than another, you’ll pay $140 more dollars a month (for a 30-year mortgage at 5 percent interest).
4
13 reads
CURATED FROM
IDEAS CURATED BY
The idea is part of this collection:
Learn more about strategy with this collection
Techniques for brainstorming and generating new ideas
The power of collaboration and feedback in the creative process
How to recognize and overcome limiting beliefs
Related collections
Similar ideas to To Do Fast House Math
Budgeting your money is the cornerstone of a sound financial plan, and seeing all the numbers in black and white can offer valuable perspective on where your mone...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates