$1,000,000 mortgage costs $2,217,160 total with interest
Nobody talks about how a $1,000,000 mortgage costs you $1,217,160 in interest payments ON TOP of the $1,000,000 in loan payments on a house
You pay $2,217,160 to borrow $1,000,000!
BuT REnTIng IS THrowIng away MONeY
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