600k at 3%, you need 229k down (38%) to pay $2,025/mo (assuming extremely low property tax and insurance).
850k at 8.5%, you need 40k down (4.71%) to pay $6,850/mo (assuming extremely low property tax and insurance).
40k seems like a much more reasonable down payment…
The 600k house at 3% with 40k down would be $2,821/mo. Almost $4k/mo difference from the 850k example.




It’s bananas you can only remember that one produce code. I wonder what it’s for