Listen "Home Ownership as a Part of Overall Financial Health"
Episode Synopsis
Home Ownership as a Part of Overall Financial Health
-Appreciating Assets vs Depreciating Assets
-Electronics
-most expensive MacBook is over $50k!!!
-base model MacBook desktop is $5,999.00 (no monitor?!)
-Iphone
-most expensive iPhone 11 Pro, $1,449.00
-base iPhone 11, $999
-Things you can drive
-boat
-RV
-CARS!
- The average car payment for a new vehicle is $554, and the average for a used car is $391
In Austin $250k with 3.5% downpayment = $9,625 (17.37 months of $554 new car payments)
A 250k, appreciating at 6% for 30 years = $1,435,872.79 value
Renting 3 bed $1,100 x 12 months x 30 years = $396,000 spent
-Appreciating Assets vs Depreciating Assets
-Electronics
-most expensive MacBook is over $50k!!!
-base model MacBook desktop is $5,999.00 (no monitor?!)
-Iphone
-most expensive iPhone 11 Pro, $1,449.00
-base iPhone 11, $999
-Things you can drive
-boat
-RV
-CARS!
- The average car payment for a new vehicle is $554, and the average for a used car is $391
In Austin $250k with 3.5% downpayment = $9,625 (17.37 months of $554 new car payments)
A 250k, appreciating at 6% for 30 years = $1,435,872.79 value
Renting 3 bed $1,100 x 12 months x 30 years = $396,000 spent
More episodes of the podcast Buying a Home In Austin Podcast
First Time Home Buyers Class March 31!
21/03/2016
Interview with Houston Realtor, Evan Compean
15/02/2016
What is Title Insurance
13/11/2012
Why Have A Buyers Agent?
29/08/2012
Mortgages
06/07/2012
Home Buying 101
26/06/2012
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