The 20% deposit is the entire point. It’s the barrier of entry to home ownership that keeps people renting. Of course I factored it in, it’s why I spoke of a mortgage of $344k and not $430k.
What does insurance have to do with anything? We are comparing rent to repayments. We have renter’s insurance now. We’d be changing that.
Are you saying you spend over $100 per week, every week on maintenance?
True. We’ve downsized from a four bedroom house to a three bedroom townhouse. You’ll just have to take my word for it that 4 bedroom houses in the next suburb go for about the same as the place we have because I’ve already told Lemmy enough about where I live.