U.S. mortgage interest rates jump to 7.16%, highest since 2001

Re:U.S. mortgage interest rates jump to 7.16%, highest since... by lotsofpulp on Wednesday October 26, 2022 @11:59AM (#33345662)

You would have to account for the difference in down payment and opportunity cost of investing the $37k difference in down payments for the same period.

So in the 7% scenario, you have $37k + investment return + $10.5k.

In the 2% scenario, you have $42k.

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Re:U.S. mortgage interest rates jump to 7.16%, highest since... by mminer237 on Wednesday October 26, 2022 @04:47PM (#33349196)

I guess that's true. Assuming you yourself also get 7% interest, that would be another $15,000 you'd get, making you only lose $16,500 more.

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