Based on that definition you never stop paying. Homes values constantly go up. My dad bought a house in the 1970s. 33k.
Today the house has a value of 300k. Took him 30 years to pay off the original mortgage.
Based on that definition you never stop paying. Homes values constantly go up. My dad bought a house in the 1970s. 33k.
Today the house has a value of 300k. Took him 30 years to pay off the original mortgage.