MY highest mortgage payment-—P I T I—was only $640 a month-—on 5 acres with 2553 sq ft log house.
The beauty of fiat money. They get to rob us blind and we dont realize it. Deflate current dollars and tell me what $500 of todays dollars would have been worth then. Not arguing the point though. It is a damned expensive unit. Of course a color TV back then cost a lot more in todays dollars than a Starlink unit.
BTW, nice purchase on the home and land. Would love to have that myself. We put down 30% to knock a letter off the PITI and only having PIT and payed off our 30 year mortgage in 2.5 years paying only a few of thou in interest. Lots of beans and rice for a few years yields waygu and caviar in the long run. Paying interest is stupid. It is robbing your future self. Not one cent of debt since other than CC’s which are paid before any interest is due.