Thursday, July 12, 2012

House it being a loan?

I love puns.

So with the new "big boy" job we were trying to decide whether to 1. move to a bigger apartment for a year or more,  2. Stay where we are a few months until we can buy a house.

You see in our modern spend before you earn society you can buy a house for as little as 5% down. There are ways to buy them for 0% down I hear. Anyway our credit union (America First) offers as low as 5% down, but for anything under 20% down (which includes 5% to save you the math :P) you must pay morgage insurance until 20% is paid and the closing costs are higher, as well as the payments being bigger (since you have to pay 95% of the cost rather than 80% in the same 30 years).

Well, we like money and would like to end up with a house and the most money possible (who doesn't?). So I made this matlab/octave script. It calculates the total amount paid in the end for your house including your rent for the time it took you to save up the down payment. Look after the break.

Rocky Roads

Logan city: WHY?

I'm all for routine maintenance and keeping nice roads, but really, do you need to leave so much loose gravel on the shoulders?

I've been riding my bike to work every day (haven't driven once!) and its been great. Then Monday I found that they'd repaved Park Avenue which is about half of the 4 mile commute for me. Thats ok I thought, though I missed the smooth black asphalt. They have to add asperities (rocky rough surface) to make it safe in wet conditions. But it wasn't long before I ran into large piles of loose rock on the sides of the road. Where the car wheels leave tracks is ok, but there are long channels of 2"-3" deep loose gravel. This is not safe for cyclists. I have nearly washed out a few times now and there are always rocks being flipped up by passing vehicles.

Light a candle instead of cursing the darkness, right? Well I've tried several different routes to minimize my time on Park Avenue but there are several other roads in the same condition. I just hope this is temporary until they take around the street sweeper or something.