Re:Ask HN: What has been your single best investment?
by znpy on Tuesday March 29, 2022 @11:33AM
(#30843951)
Buying my house.
My montly mortgage payment for the whole house is ~67% of what I was previously paying to rent a single room. And of that 67%, only 4% is interest (and that 4% is going to go down with time)
So effectively I'm spending 3% of what I was spending previously.
My montly mortgage payment for the whole house is ~67% of what I was previously paying to rent a single room. And of that 67%, only 4% is interest (and that 4% is going to go down with time)
So effectively I'm spending 3% of what I was spending previously.