"How many people can afford two monthly mortgages, especially if the prices of the second home are inflated?"
They worry about the monthly $387 mortgage on their sparsely furnished house.
They also said she told them the monthly mortgage on the home could be offset by renting out the cellar.
Their total monthly income is $5,432,84, of which $2,330.50 goes toward the monthly mortgage.
But they decided that a down payment and monthly mortgage were beyond their means.
At each of the houses, the owner gets one apartment and rents out the others to help pay the monthly mortgage.
Its monthly mortgage, plus taxes and insurance, is $1,650.
In 2000, the median monthly mortgage was $1,307, much higher than a decade ago.
The monthly mortgage and maintenance payments for the new apartment will be virtually the same.
Interest rates are similar to those of monthly mortgages.