Yeah, people still think that having a mortgage means the real estate is owned by the bank. Well that is just not the case. Repaying your mortgage is a combina

Yeah, people still think that having a mortgage means the real estate is owned by the bank. Well that is just not the case. Repaying your mortgage is a combination of interest payments and repaying the debt. It goes to zero eventually. A rent is a permanent payment into the account of the person renting you something they own.