In Utah County the cheapest “House” for sale is 600 square feet, 2 bed, 1 bath, at $300k.

So at current interest rate it would be $1,800 a month mortgage(assuming you put the 60k down payment! A decent amount more if you do 3% down.)

The cheapest condo/town in utah valley is 205k, 1,100 square feet, on a 400 square foot lot. But due to a $500 HOA fee the monthly cost is still 1,700 a month (assuming 20% down).

With 3.5% down they’d both be closer to 2.1k +PIMI.

So yeah, how is where you live doing?

  • chrizl@lemmy.world
    15·
    8 months ago

    Here in a small village in the Netherlands the cheapest is 315k euro for 65m2 and 2 bedrooms

    • Obi@sopuli.xyz
      9·
      8 months ago

      Godverdomme. Right behind my house also Dutch village they built a new building with apartments, 240-270k for 35m2, they’re literally shoeboxes.