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Spare a dollar? (sh.itjust.works)
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[-] theatomictruth@lemmy.world 43 points 2 years ago

It’s not a bug, that number includes property tax and home insurance which is like 99.99% of it

[-] Earthwormjim91@lemmy.world 7 points 2 years ago

It’s a bug in that if you pay cash for a house, you won’t be paying into escrow for tax and insurance. Banks require that in the vast majority of mortgages.

This is just a simple online mortgage calculator so it factors in escrow into the monthly payment since that’s what pretty much everyone is going to have.

this post was submitted on 28 Dec 2023
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