Nissan 370Z Forum  

Buy a GTR or a House?

Bacal, this article might come in handy... Home Mortage Rates Drop Under 4%

Go Back   Nissan 370Z Forum > Nissan 370Z General Area > The Lounge (Off Topic)


Reply
 
LinkBack Thread Tools Display Modes
Old 10-06-2011, 01:04 PM   #91 (permalink)
A True Z Fanatic
 
birdmanx1's Avatar
 
Join Date: Jun 2010
Location: Baltimore, MD
Age: 95
Posts: 3,175
Drives: 370z Nismo
Rep Power: 24
birdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond repute
Send a message via MSN to birdmanx1
Default

Bacal, this article might come in handy...
Home Mortage Rates Drop Under 4%
__________________
370Z NISMO #0462 | ClearBra | 3M tint | Head/Taillights | Dynamat | Black Roof | Tommy Kaira HB | CF Parts | Berk HFCs | FI SS | NST Pulleys | Takeda aFe | K&N | H&R Spacers | Swift Spec R | SPC F&R | Zuperman M370
Nismo Vid | Nismo Journal | Nismo Rumble
birdmanx1 is offline   Reply With Quote
Old 10-06-2011, 02:23 PM   #92 (permalink)
A True Z Fanatic
 
Isamu's Avatar
 
Join Date: Jul 2010
Location: Minot ND
Posts: 51,960
Drives: every day...
Rep Power: 213
Isamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond repute
Default

Quote:
Originally Posted by birdmanx1 View Post
Bacal, this article might come in handy...
Home Mortage Rates Drop Under 4%
3.75% for my mortgage!! F YEA!
__________________
Quote:
It's not an oil leak, it's sweat from all the horsepower!

黒子 ('Kuroko')
Project: SuperNova Owner/Operator and Lead designer @BlackGuard Aeroworks
Isamu is offline   Reply With Quote
Old 10-06-2011, 02:27 PM   #93 (permalink)
A True Z Fanatic
 
birdmanx1's Avatar
 
Join Date: Jun 2010
Location: Baltimore, MD
Age: 95
Posts: 3,175
Drives: 370z Nismo
Rep Power: 24
birdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond repute
Send a message via MSN to birdmanx1
Default

Quote:
Originally Posted by Isamu View Post
3.75% for my mortgage!! F YEA!
__________________
370Z NISMO #0462 | ClearBra | 3M tint | Head/Taillights | Dynamat | Black Roof | Tommy Kaira HB | CF Parts | Berk HFCs | FI SS | NST Pulleys | Takeda aFe | K&N | H&R Spacers | Swift Spec R | SPC F&R | Zuperman M370
Nismo Vid | Nismo Journal | Nismo Rumble
birdmanx1 is offline   Reply With Quote
Old 10-06-2011, 02:48 PM   #94 (permalink)
A True Z Fanatic
 
FuszNissan's Avatar
 
Join Date: May 2009
Location: St. Louis
Posts: 14,275
Drives: Pure Sex
Rep Power: 542
FuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond reputeFuszNissan has a reputation beyond repute
Send a message via AIM to FuszNissan Send a message via Skype™ to FuszNissan
Default

Well, they are both deprecating assets right now...
__________________
Mods: Too Many to list!
LouFuszNissan

ZDAYZ 2012
FuszNissan is offline   Reply With Quote
Old 10-06-2011, 02:54 PM   #95 (permalink)
A True Z Fanatic
 
Spikuh's Avatar
 
Join Date: Jul 2009
Location: The Ark
Posts: 2,357
Drives: '09 370z
Rep Power: 21
Spikuh has much to be proud ofSpikuh has much to be proud ofSpikuh has much to be proud ofSpikuh has much to be proud ofSpikuh has much to be proud ofSpikuh has much to be proud ofSpikuh has much to be proud ofSpikuh has much to be proud of
Default

Quote:
Originally Posted by bacalhau16 View Post
I can already foresee some of the questions coming, so here is what I meant buy "saving" money while owning the GTR.

370Z payment = $635/month
mortgage pay = $1050/month
plus all other bills, cable, electric, oil, water etc. We will call it $400/month

or
GTR payment = $1100/month
Rent Payment = ~$450/month
Plus all other bills, cable, electric, oil, water etc. We will call it $400/month


So, in reality, I would loseabout $265 a month and own a GTR.

(Yes, Im playing devils advocate and having fun with this discussion. Go with it.)
Bit more accurate now.
Spikuh is offline   Reply With Quote
Old 10-06-2011, 03:04 PM   #96 (permalink)
A True Z Fanatic
 
Spikuh's Avatar
 
Join Date: Jul 2009
Location: The Ark
Posts: 2,357
Drives: '09 370z
Rep Power: 21
Spikuh has much to be proud ofSpikuh has much to be proud ofSpikuh has much to be proud ofSpikuh has much to be proud ofSpikuh has much to be proud ofSpikuh has much to be proud ofSpikuh has much to be proud ofSpikuh has much to be proud of
Default

Quote:
Originally Posted by LONDON2012 View Post
As far as house or save up money, in general, I think it depends on rent prices. We bought a house at 4.25% interest, but everything combined mortgage insurance, prop tax, house insurance, loan, it all comes out to $75 a month more than what we were paying in rent for a two bedroom one bath apartment. We bought what most people consider a starter home: 1600 sqft, 4 bed, 2 bath. We plan on living in it until retirement though. We don't have a very good emergency fund saved, but with the costs of renting and owning being similar, we felt that it made sense to buy at this time.

I guess all that to say that I think buying a house can still make sense in this environment. Also the Fed is going to keep interest rates low for the next 2 years, and obviously the inventory is huge, so I don't think there is any rush. Buy if you have a long-term plan and can visualize how owning a home will help meet your certain long-term life goals.
Best advice right here for anyone. Always, always, always do the math.

And good luck with your new home. Hopefully your market will continue to grow and you can build up some good equity in it.
Spikuh is offline   Reply With Quote
Old 10-06-2011, 03:04 PM   #97 (permalink)
A True Z Fanatic
 
Isamu's Avatar
 
Join Date: Jul 2010
Location: Minot ND
Posts: 51,960
Drives: every day...
Rep Power: 213
Isamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond repute
Default

Quote:
Originally Posted by birdmanx1 View Post
yea man... and I get 100 bucks off my closing costs LOLOLOL
__________________
Quote:
It's not an oil leak, it's sweat from all the horsepower!

黒子 ('Kuroko')
Project: SuperNova Owner/Operator and Lead designer @BlackGuard Aeroworks
Isamu is offline   Reply With Quote
Old 10-06-2011, 04:00 PM   #98 (permalink)
A True Z Fanatic
 
birdmanx1's Avatar
 
Join Date: Jun 2010
Location: Baltimore, MD
Age: 95
Posts: 3,175
Drives: 370z Nismo
Rep Power: 24
birdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond reputebirdmanx1 has a reputation beyond repute
Send a message via MSN to birdmanx1
Default

Quote:
Originally Posted by FuszNissan View Post
Well, they are both deprecating assets right now...
hahahaha you had to bring that up Fusz!!!
Quote:
Originally Posted by Isamu View Post
yea man... and I get 100 bucks off my closing costs LOLOLOL
That's so full of win!!! If you luck out you might even get a few more $$ in a few months. The title company made a mistake during my closing, they found out about it almost 1.5 year later as part of audit. I ended up getting an unexpected check for a few thousand $$
__________________
370Z NISMO #0462 | ClearBra | 3M tint | Head/Taillights | Dynamat | Black Roof | Tommy Kaira HB | CF Parts | Berk HFCs | FI SS | NST Pulleys | Takeda aFe | K&N | H&R Spacers | Swift Spec R | SPC F&R | Zuperman M370
Nismo Vid | Nismo Journal | Nismo Rumble
birdmanx1 is offline   Reply With Quote
Old 10-06-2011, 04:15 PM   #99 (permalink)
A True Z Fanatic
 
Isamu's Avatar
 
Join Date: Jul 2010
Location: Minot ND
Posts: 51,960
Drives: every day...
Rep Power: 213
Isamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond reputeIsamu has a reputation beyond repute
Default

Quote:
Originally Posted by birdmanx1 View Post
hahahaha you had to bring that up Fusz!!!


That's so full of win!!! If you luck out you might even get a few more $$ in a few months. The title company made a mistake during my closing, they found out about it almost 1.5 year later as part of audit. I ended up getting an unexpected check for a few thousand $$
I would LOVE for something that epic to happen to me...


but I got a coupon in the mail from my bank for 1% off any loan that i have that comes directly out of my checking account LOLOLOL
__________________
Quote:
It's not an oil leak, it's sweat from all the horsepower!

黒子 ('Kuroko')
Project: SuperNova Owner/Operator and Lead designer @BlackGuard Aeroworks
Isamu is offline   Reply With Quote
Old 10-10-2011, 12:31 AM   #100 (permalink)
A True Z Fanatic
 
Join Date: Jul 2010
Location: Virginia
Posts: 1,134
Drives: 2009 Touring Sp Nav
Rep Power: 17
wilsonp will become famous soon enough
Default

Planning to live in 1600 sq ft for that long is impressive, or a super early retirement is even more impressive!
__________________
2014 Cayman S PDK Sport Chrono White/Black
Was 2009 370Z Touring Sport+Nav 7AT Metallic Black/Persimmon
Was 1991 NSX Auto Black/Black
wilsonp is offline   Reply With Quote
Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
House MD Isamu Movies / Celebrity Gossip / Entertainment / Music 28 11-14-2011 11:48 PM
CarbonSignal in the house. CarbonSignal New Forum Member 34 01-26-2011 10:43 AM
scrap n da house scrap New Forum Member 53 05-31-2010 04:22 PM
AZ in the house... Slidefox New Forum Member 12 07-21-2009 01:06 AM
IPP in the house!!! Kyle(Houston) Importpartspro 0 02-18-2009 06:55 PM


All times are GMT -5. The time now is 12:53 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.6.0 PL2