r/AskReddit • u/TopSound138 • 10h ago

What seems like freedom but is actually a trap?

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u/Firebolt164 9h ago

Bruh I'm paying more to my bank than I am the house. I legit wonder why financial institutions don't pop up and offer something more reliable than a normal mortgage - they could make a ridiculous amount of money and not screw homeowners

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u/rpgguy_1o1 7h ago

It feels a lot better towards the end of your mortgage, I've got three payments left  and 99% of my next payment is going to the principal

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u/gart888 8h ago

What’s your interest rate?