Home of Luck and Choice
A friend said, "you're so lucky your mortgage payment is so low!" Our three-bedroom, one-and-a-half bath, single-garage home with full back and front yards, in a small city costs just over $300 a month plus property taxes of just under $5,000 a year.
I see why they think we're lucky.
But beyond our white, middle-class privilege, it was choice, not luck.
In 2001, about to have our first child, we wanted to live close to family, in the city, and chose a good house. We could afford only five percent down. It felt like a lot. We weren't sure how we would make it.
But I remembered eight years before, when our car blew a head gasket. We'd had to buy a new car in spite of the massive monthly payment.
That Toyota Tercel cost $119 per month.
We were still driving it when we bought the house. It was long paid off and, recalling those massive payments, I smiled and relaxed about buying the house.
Within months, mortgage payments were manageable. In five years, they were easy. 283 payments later, they're almost inconsequential. Time has this effect when we choose to hang onto things.
We chose to keep the Tercel until it had to be towed away. We've chosen to stay in the house, maintaining and improving it.
We sometimes wish the house were bigger, had a two-car garage, fewer steps, and a front porch, but we choose to work with what we have.
I was born lucky to good parents and a loving brother. A spectacular woman chose to marry and raise two tremendous daughters with me. I'm blessed.
But our low mortgage payment was choice more than luck. It was predictable and I predict that in ten years, someone will hear what we pay and say, "oh my god, you're so lucky!"
Maybe by then I'll be wise enough to just nod and say, "you know, we really are."