Comments on: The Simple Dollar Morning Roundup: Post Christmas Letdown Edition http://www.thesimpledollar.com/2006/12/27/the-simple-dollar-morning-roundup-post-christmas-letdown-edition/ Simple, applicable personal finance advice for the modern world Sat, 21 Nov 2009 14:05:16 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: rodgerlvu http://www.thesimpledollar.com/2006/12/27/the-simple-dollar-morning-roundup-post-christmas-letdown-edition/comment-page-1/#comment-663049 rodgerlvu Fri, 15 May 2009 06:30:07 +0000 http://www.thesimpledollar.com/2006/12/27/the-simple-dollar-morning-roundup-post-christmas-letdown-edition/#comment-663049 thanks. you are the most intelligent person i ever met... thanks. you are the most intelligent person i ever met…

]]> By: makingourway http://www.thesimpledollar.com/2006/12/27/the-simple-dollar-morning-roundup-post-christmas-letdown-edition/comment-page-1/#comment-2027 makingourway Thu, 28 Dec 2006 14:54:38 +0000 http://www.thesimpledollar.com/2006/12/27/the-simple-dollar-morning-roundup-post-christmas-letdown-edition/#comment-2027 simple, Josh is right. If you had my mortgage, you, too, would also be able to deduct the mortgage interest and property taxes. Actually, I went into Quicken and calculated the exact amount - it's closer to $1200. Still not that far away. I have a $500k house in rural NC - for that area, it's not quite a mansion - those cost $700k - >$1M. But a prosperous IL suburb - $800k is the walking in price. Plus they pay $15k in property tax - that's $6k per month (with modest downpayment). Regards, makingourway PS Thanks for the reference though - and I appreciate your checking my numbers - keeps me accurate. simple,
Josh is right. If you had my mortgage, you, too, would also be able to deduct the mortgage interest and property taxes. Actually, I went into Quicken and calculated the exact amount – it’s closer to $1200. Still not that far away.

I have a $500k house in rural NC – for that area, it’s not quite a mansion – those cost $700k – >$1M. But a prosperous IL suburb – $800k is the walking in price. Plus they pay $15k in property tax – that’s $6k per month (with modest downpayment).

Regards,
makingourway

PS Thanks for the reference though – and I appreciate your checking my numbers – keeps me accurate.

]]> By: Josh http://www.thesimpledollar.com/2006/12/27/the-simple-dollar-morning-roundup-post-christmas-letdown-edition/comment-page-1/#comment-1965 Josh Wed, 27 Dec 2006 14:24:01 +0000 http://www.thesimpledollar.com/2006/12/27/the-simple-dollar-morning-roundup-post-christmas-letdown-edition/#comment-1965 Re: January payment. You're probably right that the author misspoke. But you also probably don't live in California where the median home price is $550,000, meaning you'd only need a relatively nice home in a relatively nice neighborhood and a bad credit score pushing your interest rate up to make the math at least possible. Re: January payment.

You’re probably right that the author misspoke. But you also probably don’t live in California where the median home price is $550,000, meaning you’d only need a relatively nice home in a relatively nice neighborhood and a bad credit score pushing your interest rate up to make the math at least possible.

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