Remember boogies $7000 dollar a month expenses, he put in $2000 as a mortgage payment, its clear now that was a lie given the figures shown above, i dont know what interest rates in the states are like but its clear he isnt paying more than $1000 a month for a mortgage so im sure everything else on that list, medical expenses, paying chad was massively over estimated, probably as much as twice going by the mortgage.
Well let's do some more math
USA had a interest rate of 3.5% to 4.7%. Using both these numbers and 25 year amortization to give benefit if the doubt...
Keeping in mind in 2018 the loan amount listed is 208,000
To pay 2,000 monthly at 3.5% would mean the loan amount is just under 400,000
To pay 2,000 monthly at 4.7% would mean the loan amount is just around 350,000
Full sale amount listed for 2015 is 279,000. And property tax assessment (a value that doesn't necessarily tie to sale price) is 238,000.
This doesn't mean tubby isn't paying 2k a month. He for sure could be in order to meet his amortization in 2033 if he makes it. I suspect this is the reason he gave 2k as an answer. Panick paying. Or he's lying
Another quick edit:
So 2k a month. That's 24,000 a year...
24,000 goes into 163,000 8.6 times. His amortization is up Nov 2033. That's 9 years away.
He might actually not be lying here guys. I can't believe I'm even saying that.
Still massive retarded moment for not having it paid asap. As mortgage rates in 2015 are considerably lower than the 7 to 7.8 I'm seeing online now
