Wednesday, September 6, 2006

Adventures in First-Time Homebuying Special Edition: We Closed!

Author: Nick
Category: Money
Topics: personal, real estate

spent a lot of these today

Lender closing fee: $619.00

Hazard insurance premium: $418.00

Six months of county property taxes in escrow: $1,128.69

Becoming a homeowner for the first time: Pricey

There are some things in life even MasterCard can’t buy. For those things, a gigantic mortgage loan will do quite nicely.

Punny Money RSS Feed
Permalink • Trackback • Comment RSS • TechnoLinks

5 Responses »

2.

Lisa
September 7th, 2006 at 11:32 am

Congratulations! I have to admit, I am coveting your low property taxes!

3.

frank
September 7th, 2006 at 3:51 pm

Congratulations. Prepare to spend an eternity at Home Depot, muhahahahaha

4.

Brian Carr
September 9th, 2006 at 1:48 pm

Congratulations. How did it feel when they told you how much money you were going to fork over over the life of the loan. When I heard my total, I just about had a heart attack.

5.

Nick
September 9th, 2006 at 8:20 pm

Thanks for the congratulations, everyone.

Yeah, we just got back from Home Depot…

Brian, our $365,000 will end up costing us over $900,000 in the end, though we’ll probably move again far before then. It’s a scary number, but it doesn’t mean all that much to me.

Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>