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Post# of 867053
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Moeclay

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Moeclay

Re: Cubshawk post# 413669

Wednesday, 05/24/2017 1:39:40 PM

Wednesday, May 24, 2017 1:39:40 PM

Post# of 867053
If they really want to make housing affordable, get rid of PMI, closing costs, and down payments.

Charge a flat 25% interest on the price of the home.

House costs $250,000

With 25% interest, $312,500 financed

$312,500 / 360 months = $868 per month

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