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Old 06-09-2014, 09:11 AM
 
Location: Lake Arlington Heights, IL
5,479 posts, read 12,290,012 times
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But if you are willing to pay the taxes of Mokena or Frankfurt, why not add the difference into the cost of the house in a closer location? Seriously, $3,000 more in taxes is $250 per month. It's been too long since I did calculations, but is that another $25K or $50K of house over a 30 year mortgage?
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Old 06-09-2014, 09:20 AM
 
11,975 posts, read 31,855,256 times
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Originally Posted by cubssoxfan View Post
But if you are willing to pay the taxes of Mokena or Frankfurt, why not add the difference into the cost of the house in a closer location? Seriously, $3,000 more in taxes is $250 per month. It's been too long since I did calculations, but is that another $25K or $50K of house over a 30 year mortgage?
Makes sense to me. Though many of the highly-taxed suburbs have amenities that are worth it, in my opinion. I wouldn't pick a suburb based solely on the tax burden--but is should always be a major factor in the decision.
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