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When I moved into my house, which I rent, the owner wanted $725,000. It is now worth $489.000...
When my lease is up I will have paid $90,000 in rent.
I am now considering buying the house at a $146,000 savings rent included.
My mortgage payment will now be around $2600 which is close to my rent payment. Had I bought it when I moved in it would have been $4200.
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