• mke_geek@lemm.ee
    12·
    2 years ago

    So the 18k for the mortgage just disappear when someone else owns the place?

    If it’s at the beginning of the mortgage, most of that is interest because interest is front loaded.

      • mke_geek@lemm.ee
        11·
        2 years ago

        At the beginning of a mortgage you’re really not gaining much equity if that’s that your prior comment was about.

        • Neshura@bookwormstory.socialEnglish
          2·
          2 years ago

          The point is that it doesn’t matter if the landlord pays the mortgage or you pay it it is still there. And if the landlord pays it you can be damn certain it’s gonna end up in your rent calculation.

          • mke_geek@lemm.ee
            1·
            2 years ago

            And if the landlord pays it you can be damn certain it’s gonna end up in your rent calculation.

            Well obviously, they aren’t going to work for free.