this post was submitted on 12 Nov 2025
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Don't forget that on top of all of that you have to pay property taxes.
The calc I used for that number put $3k property tax annually amortized, good call
$3k is generous. We're paying $12k
And my property taxes are 2k per year and that's high for this county. It's all relative and back of the envelope math is all about getting a rough idea, not getting spot on for any specific person
Fair, but it also shouldn't affect the relative prices from 30 and 50 year