Tuesday, August 11, 2009
My fiance is so smart.
I know, I know. But he really is. We have decided that instead of buying a home that is in the 130K range we will try to find something around 100K. We think that it would be best for us, because we can take out a 15 year loan (instead of 30) and not pay too much interest. FI figured up last night that we could have a 100K house paid off in 15 years and only pay 30-35K in interest, while with the 130K house we will have paid almost 70K just in ten years alone. Then we would still have 20 years to go. We have found another house that is about a mile and half from my work. WooHoo. It is a bungalow style home with 3 bedrooms and 1 and or 2 baths. Different websites say 1 and 2. It has been remodeled and it doesn't look like it needs much work. I really really like it. I do wish that it had a garage with a working a garage door and a bigger yard. But a bigger yard just means more yard work. We are going to look at it today and I hope it looks as nice as the pictures do.
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