Kaija B.
• $UnboundKaija126
Jun 14
Which is better, saving for a house? Or buying it cash with no mortgage?
569 votes
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Interest on Home Loans are one of the few things you can still write off on your taxes… better to make a reasonable down payment and take a 15 year mortgage with a mortgage payment you can manage, leaving cash on hand in your savings account for other expenses and emergency repairs!
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Here’s the sad part we never own the house because we still property taxes . In other countries you own the house and the property. Ik it sucks . As for rent if you have an amazing landlord ( because he or she wants what they want for themselves as in good ) then you’re good on renting you don’t pay for the repairs. Just my opinion. Wish we can all own houses and property 🤲🥹
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Buying, even if its with a mortgage, is better than renting 100%
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35.000
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