We’re 4 years into our mortgage and we’ve paid almost $100k so far.
but our balance has only gone down $30k so far.
The other $70,000 went to interest, taxes, and insurance.
So yeah owning a home costs a lot more than the price of the home.
but our balance has only gone down $30k so far.
The other $70,000 went to interest, taxes, and insurance.
So yeah owning a home costs a lot more than the price of the home.