As we immerse ourselves within fantasy worlds of cliffhangers and ‘happily ever afters’, it’s easy to forget how unrealistic these scenarios would actually be in the real world. We conducted some research to find out whether these well-known characters could actually afford their famous movie homes, or if, behind those rose-tinted glasses they would be hiding a low credit score and needing a mortgage with bad credit.
In order to calculate the debt, we researched the following for each character:
– Estimated income before tax
– Property value
– Monthly mortgage payment (based on a 30 year deal, 4% interest rate and 10% deposit)
– Monthly rent (if not buying)
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