Re: House Loans and Down Payments
New Member

Home loans

it seems wrong what you're saying about the consistent monthly amount to a saving account. If you rent an apartment you ALREADY pay for rent, so when you take a mortgage you start to pay this amount for a mortgage.  That means if you were paying $1000 rent and consistently putting $1000 on your saving account, you can afford not $800 month mortgage payment, but at least 2 times more. 

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