Want to buy the White House? That’ll be $300 million

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WASHINGTON, D.C. – Many people dream of one day getting elected President of the United States. But why deal with all the pressure and stress of the presidency? What if you could just live like the President?

If you wanted to call the White House ‘home’, you better be ready to pony up some major green.

According to real estate website Zillow, if 1600 Pennsylvania Avenue were for sale, it would cost close to $300 million.

So what would one get for such a large chunk of change?

55,000 square feet of indoor space, 132 rooms, 35 bathrooms, 16 bedrooms, three kitchens and 18 acres of premium downtown, D.C. land.

Not too shabby.

Now, we know what you’re thinking: What are the payments like?

Brace yourselves, because it’s a biggie.

If the buyer took out a standard, 30-year fixed-rate mortgage (with 20% down and 3.276% interest rate) that adds up to a monthly payment of $1,130,832.

But who wants to buy in this market?

Renters will have to plop down $1.75 million a month.

Secret service, servants and White House interns not included.

Sorry, Bill!

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