by Kitalpha Hart » Mon Mar 04, 2024 8:10 pm
Jfc that's ridiculous
Yeah the long term ones sometimes protect people against rapid increases in rent gouging. Sometimes
It is. 30 years, so I'll be 58 when the house is paid off, unless I get plenty of money somehow, though depending on how much, it may or may not go to the mortgage, but a vehicle, washer n dryer, and bathroom reno
50k would kill half the mortgage, but 10k to the reno and the rest to a car would be good. Or depending on how much I drop on the vehicle, possibly get other housework that's contractor level done. 50k would be on other things, mortgage low priority
Now if I somehow got 100k yeah that's all going to the mortgage. No penalties for early paying off, hell they ALLOW people to pay more often or more than the minimum, so paying it all off in one swoop would turn to saving up for everything else that much faster
But unless something happens, I doubt I'll ever have that kind of money lol