Jul 31, 2020
9:15:29am
9:15:29am
If you are taking out a new 30 year mortgage every time...
... seems like the monthly payment can remain relatively steady.
If you move 3 times over 15 years, you have been paying into a mortgage for 15 years, and getting a brand new 30 year term. So you build equity in both the money you are paying in and the value increase.
That and interest rates just keep going down. It seems possible.
If you move 3 times over 15 years, you have been paying into a mortgage for 15 years, and getting a brand new 30 year term. So you build equity in both the money you are paying in and the value increase.
That and interest rates just keep going down. It seems possible.
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