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Help me understand home-ownership better.
Help me understand home-ownership better. I'm turning 29 in a couple of months and I'm getting really anxious to buy a house. I've found a couple of very nice move-in ready townhomes in decent neighborhoods for about $300k (Philadelphia suburbs). I have the 3.5% plus closing costs to put down with a FHA loan. The all-in monthly payment (mortgage, taxes, PMI) would be about $2,600. I'm...
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