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When you finally by your own house (lemmy.ca)
submitted 1 year ago by to c/memes@lemmy.world
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Samoli pirate meme format with LOOK AT ME in white letters at the top and I AM THE LANDLORD NOW! at the bottom
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[–] 6 points 1 year ago (5 children)

Mortgage is just rent with another name (I know it's not quite that simple, but it feels that way sometimes)

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  • [–] 6 points 1 year ago

    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.

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  • [–] 11 points 1 year ago* (3 children)

    Nah. Pay off your house and its yours.

    When do you pay off your rent? When you die.

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  • [–] 3 points 1 year ago (2 children)

    Most people never do pay off their house.

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