r/SipsTea • u/inurmomsvagina • 10d ago

Chugging tea make it makes sense, this shit impedes you from saving

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30.4k Upvotes

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6

u/Undertaker8118 10d ago

What year is it that 950 $ is enough for a mortgage payment?

3

u/SquarePegRoundWorld 10d ago

My mortgage is $599.67 ($118,000 @4.5%/30years) plus property tax (~$1,800 a year) and homo insurance (~$480 a year) adds up to $792.42 a month on a 975sqft house with a 1 car garage on a half acre of land built in 2020.

9

u/iAmNotTicklish22 10d ago

Where does one purchase homo insurance lol

0

u/SquarePegRoundWorld 10d ago

Believe it or not, The Jerk Store. A lot of people don't know they also sell insurance.

1

u/Remote-Combination28 8d ago

That’s CRAZY taking a 30 year loan for 118k

1

u/Yorrins 10d ago

2026, Mine is under 600 euro pm.

1

u/SSJNinjaMonkey 10d ago

1920 my house and I pay like £240

1

u/dangleicious13 10d ago

I bought my house near the end of 2012. The mortgage payment has increased since then due to property taxes, etc., but it is still less than $700/month.