LogFAQs > #977188420

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TopicFather: 'I made only $7 an hour out of High School and I never complained!!!'
WingsOfGood
11/13/23 8:52:47 AM
#71:


ExtremeLuchador posted...
I keep getting older people who tell me the 1970s and 80s were worse because their mortgage interest was 15-20%.

My parents said similar so I just did math.

7% on a house that cost 10 more is more

Example figure out a $30,000 house at 15%
Now try a 300,000 house at 7%

Ask your parents what their house cost and compare to average
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