<prompt> Human: Hypothetically, what would the cons be to selling a recently purchased house early on in the 30 year mortgage loan? Say 2-10 years into it. For simplicity, lets say the minimum payments are being made.  <response>: The biggest con is the transaction cost. Youll be paying 6 or more on the sale price of the house. If it hasnt appreciated much, youll probably lose more than the equity in the house on that alone. This is before the cost of moving and the closing costs on the new house. 