03-19-2018, 05:42 PM
(03-19-2018, 05:36 PM)creative Wrote: Mortgage payments plus down payment does add up to the ultimate cost of a house.
They do, but unless you inflation adjust the numbers they're pretty misleading. While financing cost might take ION capital over $1B in long term total dollars, I seriously doubt it does in 2018 dollars. The region only had Grandlinq finance about $100M of the project, so even over 30 years I doubt the interest tripled that expense, especially at the low rates they would have received.