facts
Consider the facts…
Your mortgage payment is probably your biggest monthly expense. No matter how well you budget, a large portion of your after tax income goes directly to pay your mortgage. Even worse, most of the money goes directly to the bank to pay the interest on your mortgage.
With a typical mortgage, you will have to earn between 2 to 3 times—the value of your home, but own it only once!
No matter what your interest rate, it will be approx. 15 years before your payments are split 50/50 principal & interest.
