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Homeownership Costs Over 13 Years

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After 13 years of homeownership on a $400,000 home, the net cost is approximately $318,000, averaging $2,038 per month, after accounting for sale costs, mortgage payments, and property expenses.
"after 13 years of making mortgage payments your mortgage balance would be reduced to $276,000 at 1% ..."
Graham Stephan Graham Stephan
May 29, 2024
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