Were you buying at $450,000 at 15%?.. just askin?. My first house was 12% HOWEVER that house was $26,000!
155000 at 15 at 1983 to 88 dollars. Dates may be wrong
155,000 in 1983 is equivalent in purchasing power to about $478,805.27 today, an increase of $323,805.27 over 40 years. The dollar had an average inflation rate of 2.86% per year between 1983 and today, producing a cumulative price increase of 208.91%.
This means that today’s prices are 3.09 times as high as average prices since 1983, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 32.372% of what it could buy back then.
The inflation rate in 1983 was 3.21%. The current inflation rate compared to last year is now 3.24%. If this number holds, $155,000 today will be equivalent in buying power to $160,023.77 next year. The current inflation rate page gives more detail on the latest inflation rates.