In Utah County the cheapest “House” for sale is 600 square feet, 2 bed, 1 bath, at $300k.

So at current interest rate it would be $1,800 a month mortgage(assuming you put the 60k down payment! A decent amount more if you do 3% down.)

The cheapest condo/town in utah valley is 205k, 1,100 square feet, on a 400 square foot lot. But due to a $500 HOA fee the monthly cost is still 1,700 a month (assuming 20% down).

With 3.5% down they’d both be closer to 2.1k +PIMI.

So yeah, how is where you live doing?

  • ParsnipWitch@feddit.de
    0·
    8 months ago

    38 m^2, 2 rooms, 1 bathroom, 169000 € in a rural part of a bigger city in Western Germany.

    That’s an exception, though. The house is a bit weird since it apparently stands next to a church in the backyard of some other building…

    • crispy_kilt@feddit.de
      0·
      8 months ago

      The church bells’ relentless ringing, calling for the children of the area to come to the priest’s most loving care, probably drives down the price a lot