Thread: Owning a house.
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  #52  
Old 05-29-2007, 11:19 PM
BradleyT BradleyT is offline
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Default Re: Owning a house.

[ QUOTE ]
I just bought a 2 bed house in the UK, where the market is WAY overheated, for £130K. True cost over 25 years works out at £215k inc all interest payments, fees, etc.

[/ QUOTE ]

Then how is your payment £600?
£215,000 / 25 years = £716 per month.
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