👉 Surely mortgaging your income is like laying down that golden rule: you never know when a fire might burst and destroy everything! Here's how it works:
1. Mortgage vs Income Calculator : A mortgage calculator, as we call it, is like a fancy version of the word "mansion". It's where you look up your monthly payments, calculate interest rates, and find out how much you'd have to pay if you were to put down $100,000 for a 30-year mortgage at 5% annual interest. 2. Example Sentence : Did you know that the mortgaging of income is like the mortgage you take on your credit score? You might borrow from it and forget about it until it's too late and you're swamped with bills, and then you'll be paying to have a roof over your head for years! This slang phrase has been around for quite some time now, like a long-standing joke or catchphrase that's easy to understand but can easily turn into a serious conversation starter.
