4 ms·
If your mortgage is the same as your rent, seems reasonable. In some housing markets, just servicing the interest on the mortgage is close to the cost of rent.
by jessekv 2y ago
If your mortgage is the same as your rent, seems reasonable. In some housing markets, just servicing the interest on the mortgage is close to the cost of rent. Buying then becomes the "luxury option".
If you don't mind me asking, how much will borrowing cost you over the same 10 years?