@[email protected] to [email protected]English • 8 days agoWhen you finally by your own houselemmy.caimagemessage-square79fedilinkarrow-up1268
arrow-up1268imageWhen you finally by your own houselemmy.ca@[email protected] to [email protected]English • 8 days agomessage-square79fedilink
minus-square@[email protected]linkfedilink7•8 days agoMortgage is just rent with another name (I know it’s not quite that simple, but it feels that way sometimes)
minus-square@[email protected]linkfedilink12•edit-28 days agoNah. Pay off your house and its yours. When do you pay off your rent? When you die.
minus-square@[email protected]linkfedilink5•8 days agoYou have a citation? At least when they sell the house they definitely pay it off and then some. Been living without mortgage or rent for over 10 years myself.
minus-square@[email protected]linkfedilink2•8 days agoNo I don’t. I hope you’re right, cause mine feels forever away at this point.
minus-square@[email protected]linkfedilink6•8 days agoMortgage ends one day. Paid off my mortgage 10 years ago. Even if you don’t stay long enough to pay off, when you do sell, you get to have more proceeds from the sell than you owe. If you only are going to stay in a place 2 or three years though, probably not worth it.
Mortgage is just rent with another name (I know it’s not quite that simple, but it feels that way sometimes)
Nah. Pay off your house and its yours.
When do you pay off your rent? When you die.
Most people never do pay off their house.
You have a citation? At least when they sell the house they definitely pay it off and then some.
Been living without mortgage or rent for over 10 years myself.
No I don’t. I hope you’re right, cause mine feels forever away at this point.
Mortgage ends one day. Paid off my mortgage 10 years ago.
Even if you don’t stay long enough to pay off, when you do sell, you get to have more proceeds from the sell than you owe.
If you only are going to stay in a place 2 or three years though, probably not worth it.