Re:Show HN: Should I Get a House? a better rent vs. buy calc...
by gus_massa on Monday July 19, 2021 @01:47PM
(#27885341)
I see this like a personal project, so I don't mind some local bias. I thing it's a good post.
HOA: I can translate it to the monthly payment in my building to pay for the cleaning, electricity for the lift, and other stuff.
House vs Apartment: I think it's confusing. It's correct for the personal case of the OP, but it's confusing for everyone else.
Mortgage interest <= 10%: In pesos? :) Most mortgages here are now in a fake money "UVA" that somewhat tracks the inflation. So if the interest is 5% in UVAs and the annual inflation is 40%, the actual interest is 45% (approximately, read the fine print before signing).
HOA: I can translate it to the monthly payment in my building to pay for the cleaning, electricity for the lift, and other stuff.
House vs Apartment: I think it's confusing. It's correct for the personal case of the OP, but it's confusing for everyone else.
Mortgage interest <= 10%: In pesos? :) Most mortgages here are now in a fake money "UVA" that somewhat tracks the inflation. So if the interest is 5% in UVAs and the annual inflation is 40%, the actual interest is 45% (approximately, read the fine print before signing).