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Registered
Join Date: Jan 1999
Location: A Fly Over State
Posts: 1,581
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Seems to me that at $120K for a new house, even with a no money down loan, you would be ahead. The monthly payment would be about the same as your current rent (30 year fixed / conforming), and the additional property taxes and insurance expense would be offset by the tax breaks.
If you can come up with the 10-20% down - even better.
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John 3:16
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