October 26th 2023.
Peter Parker has hit a tough spot financially. A screenshot of his mortgage bill has been circulating social media and it shows a hefty monthly payment of $4,419.24 for the next 277 months.
Fans are worried that the friendly neighbourhood Spider-Man may be forced to sell his family home, which he grew up in with Aunt May and Uncle Ben, to pay off his mortgage.
Real estate agent and TikTok influencer Richard Carey weighed in on the situation and suggested it would be wise to sell. He explained to VICE that without a consistent income, it is not wise to try and own a property like this. Carey went on to give two simple rules for housing payments: they should be 28% or less of total income, and income should be at least 3 times the housing payment.
The bill Peter Parker has to pay shows an interest rate of 6.89%, and if he decides to stay in the house, he would have to cough up a total of $1,224,129 to clear the debt. Carey noted that interest rates, taxes, and other payments can change, making it difficult for Parker to make payments. This is on top of his daily crime fighting, and it seems unlikely that the pair could ever afford the mortgage.
It is an incredibly difficult situation for Peter Parker, and it would be great if his colleagues in the Avengers could come to his aid. There is no doubt this would be a huge help for the friendly neighbourhood Spider-Man.
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