this post was submitted on 06 Jun 2026
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me_irl
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You gotta roll home owners insurance in there, and taxes.
That's realistic, but the infographic doesn't include tax and insurance. Working backwards, it has:
The monthly principal-and-interest payment is exactly as the post said, $2024 / month.
Has insurance gone up? Absolutely? Have property taxes generally rise? They have. But this is an honest like-for-like comparison.
Who has 120k lying around for a down payment?
That's "only" (checks average income in the U.S.) 2 years of average income in the U.S.
Oh, and that's $120K after tax
Someone selling a home they already own. I know thats not helpful to most, but thats the only realistic way to have 120k sitting around
$2024 > $4300 is more than double, while also assuming saving an extra $50,000 in downpayment while that cost increased.
Although the down payment has less impact. But nonetheless, that lower payment boosts the loan to about $4600.
Wages aren't doubling.
Oh, I agree with you, and concur with the spirit of the infographic. I just like accurate calculations!