this post was submitted on 28 Dec 2023
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[–] derpgon@programming.dev 38 points 2 years ago (2 children)

Down payment is set to 100%, so they are essentially buying the house, and their mortgage would be 0$, yet they expect to pay 300$ a month.

I'd say it's just a calculator error where someone coded the if statement that checks for a zero rather poorly.

[–] hakobo@lemmy.world 46 points 2 years ago (1 children)

Estimate includes property taxes.

[–] Kiwi@lemmy.world 28 points 2 years ago

And usually home owners insurance since that is usually held in escrow by your mortgage company. This isn’t the meme OP thinks it is

[–] DrMango@lemmy.world 7 points 2 years ago

The estimate rounded up from 99.99%. If you look in the bottom left you can see that they put all but $1 down