An option for me to buy a house has come up very suddenly and it seemed like a good idea at first - but I look at a mortgage and think “that’s 15 years I’ll spend paying back, at absolute minimum. Probably more like 25 years” - how can I possibly plan that far in advance?

So, how did you feel about getting a mortgage and seeing such a serious commitment stretch so far into the future? I’m mainly talking about the emotional side of things rather than financial

  • jordanlund@lemmy.world
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    6 months ago

    Even if it’s more than your rent RIGHT NOW, do it.

    Your mortgage will stay the same. The rent just goes up.

    • Frog-Brawler@kbin.social
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      6 months ago

      Well… mostly true. My mortgage has gone up because insurance costs are out of control and the incompetent party running the state refuses to do anything.