Joan Prout's (joanprout) Blog

Renter, paying $3000/mo.   OR Purchaser of a $500,000 condo with $8000/yr. in taxes and $500/mo. Maintenance.  (assuming a $450,000 mortgage w/ a 30-year fixed rate mortgage @6.5%, which comes out to a monthly payment of $4,011)  Okay, this was probably a no-brainer.  (I'm a real estate agent...)...