Something good to remember is that rent is the most you’ll pay, and the mortgage is the least you’ll pay monthly.
It may feel like throwing money away, but you get a some great benefits like continuing to save money/pay off debts since you’ll pay less monthly, and won’t have the unexpected expenses of owning a house. I’d say even more importantly, you get flexibility! You can get out of your current living situation asap, and have more time to find the right housing fit for you/your family.
1seabas t1_j2ec1zr wrote
Reply to comment by killaho69 in Wanting to make sure I can afford the houses that I'm looking at. by killaho69
Something good to remember is that rent is the most you’ll pay, and the mortgage is the least you’ll pay monthly.
It may feel like throwing money away, but you get a some great benefits like continuing to save money/pay off debts since you’ll pay less monthly, and won’t have the unexpected expenses of owning a house. I’d say even more importantly, you get flexibility! You can get out of your current living situation asap, and have more time to find the right housing fit for you/your family.