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|    AUTOMOTIVE    |    Anything to do with cars    |    2,177 messages    |
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|    Message 1,285 of 2,177    |
|    Mark Hofmann to Tom Walker    |
|    Re: GMC Suburban    |
|    07 Aug 12 17:11:18    |
      TW> TOTALLY WRONG Thinking.       TW> I just cranked a few figures from younger years in the loan       TW> calcualtor and for a $95,000 Home Laoan with a $700 per month payment       TW> one would have only saved $93780 in Interest. THAT IS FAR from Rich.       TW> AND after the $700 stops that part of what you called "cost of living"       TW> drops dramaticly as only a much smaller amount of property taxes remains       TW>        TW> For those that can swing the payments NOT buying a house is Terminally       TW> STUPID       TW>        TW> I canot express how great it feels to only be paying the property Taxes       TW> to put a roof over my head.              I look forward to the feeling only having to pay property taxes on our place.       We have a way to go, but we will get there.               Also, you have to figure in the Interest write-offs you can do on your taxes       when you own a home. The first 5-8 years of a mortgage are almost all       interest, which is a nice chunk to write-off.              - Mark              --- WWIVToss v.1.50         * Origin: http://www.weather-station.org * Bel Air, MD -USA (1:261/1304.0)    |
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