House appreciates the same whether you pay cash or take a loan, so it is irrelevant.What is the rate of appreciation on the house and what is the return on investments in this "math"? What are future interest rates in the "math"?If you do the math, leaving your money invested comes out a bit ahead over the long run. But with your income, there is no way you can afford a mortgage on a house like that unless you put at least 50% down.
Current mortgage rates are known
Average 30 year portfolio rates of return can be estimated.
Statistics: Posted by the_wiki — Wed Jul 10, 2024 10:10 am — Replies 54 — Views 3695