cyu@sh.itjust.works to

Lemmy Shitpost@lemmy.worldEnglish · 10 months ago

buying coffee

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buying coffee

cyu@sh.itjust.works to

Lemmy Shitpost@lemmy.worldEnglish · 10 months ago

Chat

AA5B@lemmy.world
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10 months ago
I’m in a weird situation where:

my house is double the value

my equity has tripled or quadrupled

yet my mortgage is bigger than the original purchase

and the payment is half, as a percentage of my monthly income.
- jaschen@lemm.ee
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  10 months ago
  What kind of mortgage did you get? Is it on a 15 year arm or something?
  - AA5B@lemmy.world
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    10 months ago
    2.3% fixed. I refinanced just before rates went up a few years ago
    - jaschen@lemm.ee
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      10 months ago
      Man, crazy deal. It’s pretty much free money. It’s below inflation. Gotta keep that until you pay it off.

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