Dont for get that you're renting your house from your bank until the final payment is made and you are paying interest on that rent and a lumpsum, non returnable deposit on that property, if the price of the property crashes tough, you still owe 35 years rent & interest. Good luck with that?
Dont for get that you're renting your house from your bank until the final payment is made and you are paying interest on that rent and a lumpsum, non returnable deposit on that property, if the price of the property crashes tough, you still owe 35 years rent & interest. Good luck with that?
ErikTekno 3 years ago
Cost of the mortgage is even higher when upcoming rate rises are included and the mortage is 100%.
ronser2000 4 years ago