this post was submitted on 02 Nov 2023
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A Boring Dystopia

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Housing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward (finance.yahoo.com)
submitted 1 year ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world
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[–] Dkarma@lemmy.world 8 points 1 year ago

That's normal. You either cut years or cut monthly payment. Very rarely both unless rates are actively dropping.

A 15 yr saves you six figures over a 30 yr iirc so congrats!