10-15-2007, 02:25 PM
quote:
In asking this question, I just wanted to know if rents will ever equal my mortgage payment.
You sound like me when I was 23 and buying my first house. My payments were $900 -- and my frriends were paying about $500 for apts... my mom kept saying dont worry honey - it will be worth it - and 10 years later - they were paying $1200 in rent and my house payment was still $900.