Episode Synopsis "Home Ownership as a Part of Overall Financial Health"
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
Listen "Home Ownership as a Part of Overall Financial Health"
More episodes of the podcast Buying a Home In Austin Podcast
- Home Ownership as a Part of Overall Financial Health
- UPDATE! What does Covid19 and the quarantine mean for home buyers in Austin?
- What does Covid19 and the quarantine mean for home buyers in Austin?
- Is It a Good Idea To Wait and Save Up for a Larger Down Payment?
- First Time Home Buyers Class March 31!
- Interview with Houston Realtor, Evan Compean
- How to Buy a House in a Sellers Market with Low Inventory.
- What is Title Insurance
- Why Have A Buyers Agent?
- Mortgages
- Home Buying 101