I'm making two interest only mortgage payments on my condo. $605 and $180 interest ONLY payments. Plus im paying $130 in association fees.($915 every freaking month---for 1/1 condo priced at 100k) A ripoff!
All that money is going out the window. Im better off renting! None of my monthly payments or association fees are going into the mortgage and I have only lived in my condo 6 months. Condo hasnt increased in value. Anyone have ideas? I cant afford this any longer.