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Buying a Condo Cash vs Mortgage Pros and Cons
Buying a Condo Cash vs Mortgage Pros and Cons Hi, I am currently in the process of buying a condo and wanted to get some perspective on whether getting a mortgage or paying in cash made better sense financially. For argument's sake, the condo value is $1M, taxes $8,500/year and HOA $8,500/year. I qualified for a traditional 480k mortgage 30 years fixed at 6.75%, so my down payment would be ...
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