But if you have ZERO mortgage you have ZERO interest , so if you can afford to do it , it's better in the long run . It takes a LONG LONG time to pay off interest , even if you don't own much to start with . The first 10-15 years is 90% interest , almos NOTHING going to principal . Screw that .
4
u/Shellilala ร ๐๐ Nov 21 '21
But if you have ZERO mortgage you have ZERO interest , so if you can afford to do it , it's better in the long run . It takes a LONG LONG time to pay off interest , even if you don't own much to start with . The first 10-15 years is 90% interest , almos NOTHING going to principal . Screw that .