If you put a 20% down on a $400k home, and finance $320k at 5.5%, you will pay:
Y1: $17,492.41 of interest
Y2: $17,249.25 of interest
Y3: $16,992.38 of interest
In the first 3 years, you'll pay $51k of interest and only $13k of equity.
Buying a house for the SHORT TERM doesn't make sense. Long term is a different story.
Kyle Tucker's four-year, $240 million contract with the Los Angeles Dodgers includes opt-outs after the second and third seasons, sources tell ESPN.
An enormous windfall for the best free agent available. And the champs get even better. @ByRobertMurray was on top of the money.
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