3 ms·
In some sense yes, you're paying rent to your bank. But the difference is: with a landlord you would pay that rent indefinetely, with mortgage you pay it for 20
by mamon 6y ago
In some sense yes, you're paying rent to your bank. But the difference is: with a landlord you would pay that rent indefinetely, with mortgage you pay it for 20-30 years and then the house becomes yours.