Beyond Tiki, Bilge, and Test / Beyond Tiki / Affordable California Living??
Post #47517 by PolynesianPop on Tue, Aug 12, 2003 2:03 PM
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PolynesianPop
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Tue, Aug 12, 2003 2:03 PM
The payment on a $600,000 house at 6.25% APR is $3694.30. Property tax in my county would run around $750 per month for a home with that value. Of course, you may need to include Mello Roos and HOA fees of about $500 (depending on your community) per month and you are looking at almost a $5000 monthly house payment. That's right - MONTHLY! How the hell does anyone afford a $600,000 house? And these are selling like hotcakes??? Unbelievable... |