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Spare a dollar? (sh.itjust.works)
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[-] qjkxbmwvz@lemmy.sdf.org 45 points 10 months ago

Calm down, this isn't the banks screwing the little guy. This number includes tax and possibly insurance


"PITI" (principal, interest, taxes and insurance) is the standard quoted cost. It's just an estimate. You can often pick your own insurance which will change the cost, and if you're buying in cash, insurance may not even be required. (It will almost certainly be required if you have a loan, since the bank wants its assets protected.)

[-] Gingernate@programming.dev 17 points 10 months ago

What assets? They put 100% down! Haha

[-] dpkonofa@lemmy.world 10 points 10 months ago

No they didn’t. They put 99.99% down. There’s $1 left.

[-] Gingernate@programming.dev 3 points 10 months ago

Oh shit I didn't see that before hahaha

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this post was submitted on 28 Dec 2023
172 points (85.2% liked)

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