5 Reasons a mortgage should be your priorty
>> Monday, May 13, 2013
1. Buying is Often Cheaper Than Renting
In many real estate markets the cost of a mortgage is less than the cost of a similar rental property. This means that though the mortgage may cost more upfront due to the down payment it will also cost less monthly. This can free up more money in the monthly budget for other things and can also allow the property owner to save more money. A conscientious property owner may also pay down their loan faster by putting extra money into the mortgage every month.
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