What would a monthly payment on a Knick's courtside ticket look like?
June 10, 2026
r/NewbHomebuyer
Here's what it costs to get this view for game for of the NBA finals
Today's average mortgage rate is 6.6% today
Principal and interest payments on a 30 year loan would land at:
$1,461 per month
total interest paid would be $297,250
Total (principal and interest paid): $526,050
If you do bi-weekly payments instead of monthly payments
If you paid $730.63 every two weeks (half the payment) instead of the full payment (a hack to get 13 payments in the year instead of 12) here's what that does to your interest:
pay it off in 24 years (instead of 30)
Total interest drops to $227,812
Saving you $69,438
If you wanted to pay it off in 15 years
here's what it would look like:
6.1% rate
$1,943 payment (about $500 more per month than the 30 year)
$120,962 interest
Total (principal and interest paid): $349,762
The minimum income you'd need to make qualify for a knicks game
On a conventional mortgage, If a lender is looking at it, and you have no other debts and no rent/housing payment, then the max allowable total DTI is 49.99%
Minimum monthly gross income: $2,922
If you wanted to keep it at 30% of your gross income, then you'd need an annual gross salary of $58,440
If you wanted to follow dave's ramsey's 15 year, 25% net rule (maybe that's changed, who knows?) then you'd need to make roughly $125k gross per year. (assuming your income is taxed in new york)
If you gathered autographs from your seat-neighbors
Here's a list of celebrities that showed up:
- Jay-Z
- Derek Jeter
- Spike Lee
- Timothee Chalamet
- Ben Stiller
- Tina Fey
- Tracy Morgan
- Larry David
- Fat Joe
- DJ Khaled
If you tried to recoup your costs with going to work and asking your seat-neighbors to sign some items to put up on ebay, here's what you might get
- Jay-Z signed vinyl: $2,800
- Derek Jeter: signed baseball around $480
- Spike Lee: $350 for a signed basketball
- Timothee Chalamet: $300 signed photo
- Ben Stiller: Zoolander poster signed: $200
- Tina Fey: Signed photo $200
- Tracy Morgan: signed photo $50
- Larry David: signed Seinfeld photo $1,000
- Fat Joe: signed vinyl or CD ~$300
- DJ Khaled: $50 for a signed vinyl
total (definitely don't quote me on this) $5,730
Maybe you can snag a Jalen Brunson rookie card, get a signature and boost its value $1,000+
If you're a flipper
If you're a houseflipper then timing is key
Maybe you can snag a profit. But if you can't sell it by tip off prices drop insanely quick
an average, nba ticket prices drop on average by about 70% by halftime. (It isn't 2021 anymore, sellers)
Or you could buy a house
https://www.zillow.com/homedetails/3-Woodbury-Cir-Nitro-WV-25143/22674274_zpid/
Cross Lanes WV 3 bed 3 bath 1,800 quare feet
(of all of the states in the US, West Virginia has some of the cheapest homes. Declining population, shrinking local employment opportunities)
Other random stats
a game 48 minutes. That's $57,200 per quarter, $4,740 per minute, $79 per second.
If you take a 5 minute pee break mid-game, that pee would cost you about $24k
You get about 2 square feet for the night. That's $114,400 per square foot.
The most expensive home listed for $400,000,000 in CA is at $5,714 per square foot.
https://www.zillow.com/homedetails/11201-Chalon-Rd-Los-Angeles-CA-90077/250218759_zpid/
I write posts and tips for first time homebuyers at r/NewbHomebuyer
-Sam
Originally shared by u/SamTMortgageBroker in r/NewbHomebuyer — view the original thread.