Quote:
Originally Posted by disneysteve
How much of a down payment did you have when you bought?
|
Quote:
Originally Posted by LivingAlmostLarge
Right if you bought in 1998 and paid off 13 years it should be half paid off right? Halfway through the mortgage? And you bought before the rise in prices?
|
We didn't. We have a VA loan. Currrent estimate is about 30% less than purchase price, that's 55% down from the peak which occurred about 7 years after we bought. Our zip code was one of the top foreclosure zip codes in the nation, yippee.
At least we can swing the mortgage on only one paycheck. In fact, monthly payments are down to about 7% of our combined income so that reduces the sting quite a bit.
11-16-2011, 07:02 PM
