I'm pre-qualified for some money and I've seen some places that look promising. I did some calculations based on monthly mortgage payments x 12 x 30.

let's say that for 300k your mortgage is $1600. That doesn't include tax or hoa, just plain ole' payin' off the loan.

correct me if I'm wrong here... but 1.6k x 12 = 19.2k.

19.2k x 30 = $576,000.00

who in the hell deserves 276 thousand dollars so I can buy a 300 thousand dollar home??? :confused:

let's say that for 300k your mortgage is $1600. That doesn't include tax or hoa, just plain ole' payin' off the loan.

correct me if I'm wrong here... but 1.6k x 12 = 19.2k.

19.2k x 30 = $576,000.00

who in the hell deserves 276 thousand dollars so I can buy a 300 thousand dollar home??? :confused:

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