> The financial arguments assume one only pays the minimum mortgage payment amount.
They also tend to ignore that mortgage repayments remain static while rent goes up, that interest payments goes down if you pay in advance (offset accounts) and that once it's all payed off your rent is $0.
A mortgage for a home within my means is one of the best financial decisions I've ever made.
They also tend to ignore that mortgage repayments remain static while rent goes up, that interest payments goes down if you pay in advance (offset accounts) and that once it's all payed off your rent is $0.
A mortgage for a home within my means is one of the best financial decisions I've ever made.