I cant do a 15 or 20 yr loan. Put me up on the "dumbest justifications for wasting money" thread. I dont care. I am struggling to come to terms figuring out how to make monthly payments on a 30yr loan, and to keep those payments about the same on even a 20yr loan, I have to look in an undesirable area for a not so desirable home.
Does this mean I should wait 5 yrs to be able to afford a 200k mortgage on a 15 or 20 yr loan?
|