12. Mortgage

  • What is it? The money you borrowed to buy the house our your dream that you could be paying forever.
  • Should I worry about it? Yes, if you have a mortgage.
  • How much? Pay off your remaining balance.
  • Did you know?
    • 3% – 5% | interest rate of most student loans
    • $71,720 | interest you’ll pay on $100,000 @ 4% over 30 years.
  • What we say Because home ain’t too sweet when you don’t fully own it.
  • More info: Shopping for a Mortgage FAQs

Previous: 11. Student Loans | Next: 13. Taxable Investments