n7gifmdn@lemmy.ca to memes@lemmy.worldEnglish · 3 months agoWhen you finally by your own houselemmy.caimagemessage-square66linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imageWhen you finally by your own houselemmy.can7gifmdn@lemmy.ca to memes@lemmy.worldEnglish · 3 months agomessage-square66linkfedilink
minus-squareParadachshund@lemmy.todaylinkfedilinkarrow-up0·3 months agoMortgage is just rent with another name (I know it’s not quite that simple, but it feels that way sometimes)
minus-squarePlaidBaron@lemmy.worldlinkfedilinkarrow-up0·3 months agoNah. Pay off your house and its yours. When do you pay off your rent? When you die.
minus-squareParadachshund@lemmy.todaylinkfedilinkarrow-up0·3 months agoMost people never do pay off their house.
minus-squarejj4211@lemmy.worldlinkfedilinkarrow-up0·3 months 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-squarejj4211@lemmy.worldlinkfedilinkarrow-up0·3 months 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.
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.