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iheartrms | 17 years ago

Stop paying my mortgage? Uh...you first.

And only $15k/year? This guy doesn't have my mortgage! Try $27600/year!

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arockwell|17 years ago

I would guess $15k/year is around what you would pay for a mortage on a $200k, which is about the median price of a house in the US. Also, that's before taxes and insurance.

vlad|17 years ago

Actually, I made that number up. :) I roughly multiplied 1,200 x 12 in my head and rounded up. My point was to make it just high enough to be an entrepreneur's greatest savings per month, above a car payment, utilities, insurance, etc, to get the point across. It also sounded about right.

josefresco|17 years ago

Agreed, I could pay a $15K/year mortgage in my sleep.