Two years after severing ties with Democracy Prep, Andrew looted accounts for the network’s schools so he and his wife could buy the $2.37 million apartment
The stolen money helped Andrew qualify for a $1.78 million mortgage with a 2.5% interest rate, a half-point reduction
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Running the numbers thru an online mortgage calculator, a 30 year fixed rate mortgage of $1.78M at 2.5% is a monthly payment of over $7K. What the hell kind of income did he have to fork over that kind of money every month. Add on top of that the condo fees and taxes and it’s probably closed to $9~10K per month.
His wife is a reporter for CBS but I don’t think job pays big bucks anymore. I don’t understand how his wife, Lana Zak didn’t get charged.