Author Topic: Renting and Buying + Student Loans (sorry about the dead horse)  (Read 2114 times)

Frugal-T

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Hey guys, just needing another good smack in my face!:)

I'm currently living with my parents and have a full time job in town. Around the end of the year (not sure exactly the date) my parents are going to snow bird their way down to Florida and with that vanquish my uber cheap rent. I'm currently crushing a ton of OT so I can pay my loans off as quickly as possible and should probably have the 60k gone in 2-2.5 years depending on how crazy I get.

I was looking at different prices for places and the cheapest for an apartment around here is about 550 a month. The centrally located 400 ft^2 condo I am looking at costs 70k or ~400/mo on a 30 year. Now I feel very secure at this job and will likely be getting a large promotion within the next 6 months but that cannot be guaranteed of course. Just wondering if I am completely loosing my mustache by thinking about the condo option? Thanks so much guys and hope that you have a great week!

Will

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Re: Renting and Buying + Student Loans (sorry about the dead horse)
« Reply #1 on: April 22, 2013, 03:31:57 PM »
Are there HOA fees?

Frugal-T

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Re: Renting and Buying + Student Loans (sorry about the dead horse)
« Reply #2 on: April 22, 2013, 03:33:10 PM »
Good question forgot to include that, they run 125 a month. Which I think is cheap?

Will

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Re: Renting and Buying + Student Loans (sorry about the dead horse)
« Reply #3 on: April 22, 2013, 06:13:35 PM »
I pay 259 a month - mine comes with water and head, 2 plug in parking spots, and access to a pool and gym...

They give you head?

Dmy0013

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Re: Renting and Buying + Student Loans (sorry about the dead horse)
« Reply #4 on: April 22, 2013, 09:48:34 PM »
That costs another 50 a day

marty998

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Re: Renting and Buying + Student Loans (sorry about the dead horse)
« Reply #5 on: April 23, 2013, 02:27:46 AM »
Oh dear.

I love it how English gets lost in translation

Frugal-T

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Re: Renting and Buying + Student Loans (sorry about the dead horse)
« Reply #6 on: April 23, 2013, 09:25:04 AM »
Thanks so much for the replies guys, I think I'll do some renting for awhile. For an extra 100 that seems like a great perk though ;P