Comments by "Min.a" (@msbebelle07) on "How Do People ACTUALLY AFFORD ANY OF THIS?" video.

  1. The major problem is the greed of the banks,exemple…you buy a house at 250 000$ at 6,49% interest amortization 25 years…during a period of 5 years you paid 23 891,33 $ in capital, 76 491,35 $ in interests, for a total of 100 382,68 $…. After 5 years you still have a mortgage to refinance of 226 108,67$…(exemple in Canadian but you can calculate in US)…my best advise is if you want to buy, save money ahead to put in a big cash down paiement because all you give at first when buying will go directly in capital no interest.
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