its just a simple geometric series formula

I'm neurotic as hell when it comes to money

Like terrified that I'm being financially exploited at every turn lol

smoke, i can help you compute any of those amounts, you just need to input downpay % and house price

y all old af lmao im so young i don't give a fuck about dis all

So I don't think I'd end up in that situation

And yet you spend it on purposefully giving yourself preventable diseases

Eh smokes are cheap

I get like 5 cartons, 5 month supply for like $40

Degenerate

Because the Redskins sell them to white men for cheap

you can do all these computations in excel too

I'm being Jewed by Jews and Frenchmen and Injuns <:wojack:396042478530330624>

@fuguer idk, typically down payment is like 10%?

housing is going up like crazy in my area, makes me not want to buy, but probably will keep rising

Wouldn't it be cheaper and safer to just buy land and build a house

20% is the best downpayment if you can swing it because you dont pay PMI (mortgage insurance)

Yes, not sure if I want to buy in a quickly growing city, or buy land/house rurally

and work remote

are you gonna build the hosue with your own hands or hire people?

20%... bruh

its a lot easier to finance construction of a house

Gonna pay people

20% is a lot. I need like 40k for a 200k house

Probably just get help from family and do as much as I can by myself

https://www.youtube.com/watch?v=8WSL1r0GhWQ

i had 40k saved up when i was still in grad school

you can save it if you prioritize

I have lots of men employed in trades and construction in my family

you can get these picks from harbor freight for 99c

So I could get help easily

anyways you can do 10% purchase, just 20% is optimal

it all comes down to your local market

Yeah, I mean, 10-15% is doable

and dont let perfect become the enemy of good

Lol I'm pretty sure I was breast fed

heres the thing smoke... if housing prices go up that means you should buy

because as prices go up, if you're a renter you're fucked, if you own you're golden

everyone is born "short" a roof over their heads, its a risky position to be in

the safest position is to own your own home